X1 Technologies – Profile
HQ: Pasadena, CA
Management: CEO is Josh Jacobs who was CTO and then VP of Sales & Marketing at the once successful eCommerce platform Bigstep. Mark Goodstein is Founder and EVP of Business Development. Goodstein is an old hand at Idealab and co-founded Overture among other businesses.
Investors: In April 2005, X1 raised $10M led by U.S. Venture Partners with founding investor, Idealab. The new funds will be used to further the company’s sales and product development initiatives for the enterprise and increase staff worldwide.
Business Model: X1’s premium desktop search offering starts at $80. But it also has a free version that is the basis for the free Yahoo Desktop Search as well as Earthlink Desktop Search and Newsgator RSS search. Both free and paid versions will index your documents and Outlook e-mails. The paid version includes the ability to search network drives and external Outlook PST files not loaded in Outlook as well as Eudora, Mozilla mail, and Lotus Notes.
Competitors: Copernic, Microsoft and Google.
Dirt: Everyone agrees that X1 is rocking good software — better than what’s currently available from the big search companies. And while many computer users don’t realize it yet, desktop search is a huge productivity booster. Nice work X1.