Concept

Lycos

Summary
Lycos, Inc., is a web search engine and web portal established in 1994, spun out of Carnegie Mellon University. Lycos also encompasses a network of email, web hosting, social networking, and entertainment websites. The company is based in Waltham, Massachusetts, and is a subsidiary of Ybrant Digital. Etymology The word "Lycos" is short for "Lycosidae", which is Latin for "wolf spider". History Lycos is a university spin-off that began in May 1994 as a research project by Michael Loren Mauldin of Carnegie Mellon University in Pittsburgh. Lycos Inc. was formed with approximately US$2 million in venture capital funding from CMGI. Bob Davis became the CEO and first employee of the new company in 1995, and concentrated on building the company into an advertising-supported web portal, led by Bill Townsend, who served as Vice President, Advertising. Lycos enjoyed several years of growth during the 1990s and became the most visited online destination in the world in 199
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