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After some extra small investments via the tip of 1998 to early 1999, a new $25 million round of funding was announced on June 7, 1999, with main traders together with the enterprise capital corporations Kleiner Perkins and Sequoia Capital. Web Page and Brin initially approached David Cheriton for advice as a end result of he had a close-by office in Stanford, and so they knew he had startup experience, having lately bought the company he co-founded, Granite Techniques, to Cisco for $220 million. PageRank was influenced by a similar page-ranking and site-scoring algorithm earlier used for RankDex, developed by Robin Li in 1996, with Web Page’s PageRank patent together with a quotation to Li’s earlier RankDex patent; Li later went on to create the Chinese search engine Baidu. Héctor García-Molina and Jeffrey Ullman have been also cited as contributors to the project.
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