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Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

December 7, 2006 at 10:52 AM

Pluggd unplugs “perfected” claim

Seattle-based Pluggd, which connects users with online audio and video broadcasts, said Intel Capital has become one of its investors and has contributed to a $1.65 million round. Other investors include former Microsoft execs Scott Oki and Paul Maritz.

Matt Marshall at VentureBeat writes that Pluggd claims it has “perfected the user experience” for audio and visual search. That’s a pretty bold statement, especially for a small startup that has raised only $1.65 million.

That led Cornelius Willis from Pluggd to comment that he was “a little startled” when he saw the word “perfected” in VentureBeat.

“We believe we’ve done a better job on user experience for media search than anyone to date, but we’re not done,” Willis writes. We wrote about Pluggd in September.

In other news, Marchex, a Seattle online advertising company, said today it has spent $26 million in cash to buy back a little more than half of the convertible shares of stock it issued back in 2005 to raise money.

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