Citrix Systems founder Ed Iacobucci has a new technology startup in Boca Raton.

The entrepreneur, who also founded DayJet, the ill-fated Boca Raton-based air taxi service, is trying to raise $4 million to $6 million to grow InfoFinder Search Technologies. Iacobucci said his U.S. incarnation of InfoFinder acquired 90 percent of InfoFinder AS, a Norwegian company, in December, and is in the final stages of buying the company. Iacobucci, InfoFinder’s chairman and CEO, declined to disclose his equity stake or the amount he has personally invested.

Founded in 2000, InfoFinder makes software that allows businesses to search and locate their electronic files – an increasingly difficult task, as hard drives grow ever bigger and data proliferates, Iacobucci said. He cited a 2007 study that found computer users spent 9.5 percent of their time searching for company documents. Even worse, workers only find the files they need half of the time. “That is a huge percentage of the time of information workers that’s being essentially wasted looking for things,” he said. “The number is stunningly large, but when you think about the explosion that’s happened in storage, it’s not really that totally surprising. That’s where enterprise search technologies like InfoFinder come in, Iacobucci said. He compared the technology to the popular search engine Google, only it is used inside a company’s firewall. Users type in keywords, and a list of relevant files appears. InfoFinder searches across a variety of file types – Word documents, PDFs, e-mails, even image files that contain text – to retrieve the list. But, InfoFinder also integrates with different software platforms to make sure the company’s security protocols aren’t violated and no one gets access to a file they would not otherwise be able to see.

Enterprise search technology has been in place for years for large businesses – that’s what InfoFinder does in Norway – but the software has been expensive and requires extensive support to customize it for individual companies. Deployment can take months and cost hundreds of thousands of dollars, effectively barring small and medium-size businesses (SMBs) from the technology, Iacobucci said. Iacobucci said he is targeting SMBs with a uniform, affordable, easy-to-install solution – something currently lacking. SMBs account for 44 percent of U.S. workers and more than 50 percent of all IT spending, Iacobucci noted.

InfoFinder hopes to launch its U.S. product during the second quarter, with an emphasis on the legal and medical markets. Another piece of the marketing plan is to use value-added resellers to sell the product, he said.

Founded several companies

Iacobucci co-founded Citrix in 1989 after spending several years overseeing IBM’s development of its personal computer technology. He left Citrix in 2000 before going on to found DayJet.

DayJet launched with a sophisticated plan to use streamlined software processes and a per-seat, on-demand flying model to efficiently fly customers to regional destinations. But, less