Kite.io

Kite.io

Its users with both application and web results for each of their searches. Learn more
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Kite Industries, accessible at kiteindustries.tumblr.com, is a startup that initially emerged from a side project by co-founder Phillip Nelson in 2012 and was officially founded in February 2013. The company was later acquired by Quixey, a search technology firm, in what was described as a "talent grab." This means that Quixey was more interested in the skills and expertise of Kite Industries' founders rather than its existing products or services.

Kite Industries was co-founded by Phillip Nelson, who has a history of launching startups like Tokbox and Snaptickets, and Jason Hreha, who has a background in neuroscience and behavioral economics. Their combined expertise allowed them to develop innovative solutions in the tech space, particularly focusing on how people use and process information.

The company operated in the technology and software development market, specifically focusing on search technology. This involves creating systems that help users find information more efficiently. Kite Industries did not raise any external funding, which suggests that it was either self-funded or operated on a lean budget.

Kite Industries primarily served other technology companies and businesses that needed advanced search capabilities. Their business model likely involved developing proprietary search technology and licensing it to other companies or integrating it into existing platforms to enhance their search functionalities. Revenue would have been generated through these licensing agreements or service contracts.

In summary, Kite Industries was a small but innovative player in the search technology market, leveraging the unique skills of its founders to create valuable tech solutions. Their acquisition by Quixey highlights the value of their expertise in this niche area.

Keywords: search technology, startup, acquisition, tech solutions, software development, licensing, innovation, behavioral economics, neuroscience, Phillip Nelson.