ClearForest was an Israeli software company that developed and marketed

text analytics Text mining, text data mining (TDM) or text analytics is the process of deriving high-quality information from plain text, text. It involves "the discovery by computer of new, previously unknown information, by automatically extracting information ...

and

text mining Text mining, text data mining (TDM) or text analytics is the process of deriving high-quality information from text. It involves "the discovery by computer of new, previously unknown information, by automatically extracting information from differe ...

solutions.

History

Founded in 1998, ClearForest had its headquarters just outside

Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...

and a development center in

Or Yehuda Or Yehuda () is a city in the Tel Aviv District of Israel. Located in the Gush Dan, Gush Dan metropolitan area, in it had a population of . History Prehistory Human settlement back to the Chalcolithic has been found on the site.Calais Calais ( , , traditionally , ) is a French port city in the Pas-de-Calais department, of which it is a subprefecture. Calais is the largest city in Pas-de-Calais. The population of the city proper is 67,544; that of the urban area is 144,6 ...

, OpenCalais, and OneCalais. ClearForest was previously venture-backed; its last funding round was led by Greylock Ventures and closed in 2005. Other investors included DB Capital Partners,

Pitango Pitango VC, established in 1993, is Israel's largest venture capital fund with over $2.8 billion under management. Pitango VC invests through three dedicated funds, Pitango First (early-stage investments), Pitango HealthTech (HealthTech investme ...

, Walden Israel, Booz Allen, JP Morgan Partners and

HarbourVest Partners HarbourVest Partners, LLC is a private equity fund of funds and one of the largest private equity investment managers globally. The firm invests in all types of private equity funds, including venture capital and leveraged buyout funds, and also ...

. On February 7, 2008

Reuters Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency ...

announced the launch of Open Calais, a

named-entity recognition Named-entity recognition (NER) (also known as (named) entity identification, entity chunking, and entity extraction) is a subtask of information extraction that seeks to locate and classify named entities mentioned in unstructured text into pr ...

and semantic analysis service that uses ClearForest technology. On April 30, 2007, Reuters announced that it would acquire ClearForest. Sources estimate the acquisition to be for $25 Million.

Solutions and Products

ClearForest offers several hosted solutions, including: * OpenCalais, a free web service and open API (for commercial and non-commercial use) that performs named-entity recognition and enables automatic metadata generation using the ClearForest financial module. * Semantic Web Services (SWS), an on-demand service that makes ClearForest's natural language processing tools available as a standard web service. A subset of ClearForest's capabilities is available via SWS at no cost. * Gnosis, a free

Firefox Mozilla Firefox, or simply Firefox, is a free and open-source web browser developed by the Mozilla Foundation and its subsidiary, the Mozilla Corporation. It uses the Gecko rendering engine to display web pages, which implements curr ...

extension Extension, extend or extended may refer to: Mathematics Logic or set theory * Axiom of extensionality * Extensible cardinal * Extension (model theory) * Extension (proof theory) * Extension (predicate logic), the set of tuples of values that ...

that uses SWS to analyze the content of a web page. Gnosis identifies named entities such as people, companies, organizations, geographies and products on the page being viewed. Gnosis also automatically processes pages from Wikipedia, providing additional links for people, geographies and other entities which were not explicitly linked within the subject article. * Harvest, a real-time machine-readable news service that uses SWS to process a company's news and document feeds and return machine-readable information about people, companies, locations and over 200 other entities facts and events. ClearForest also offers Text Analytics solutions targeted at specific business problems, including: * Equity valuation for

hedge fund A hedge fund is a Pooling (resource management), pooled investment fund that holds Market liquidity, liquid assets and that makes use of complex trader (finance), trading and risk management techniques to aim to improve investment performance and ...

s and alternative investments firms *

Metadata Metadata (or metainformation) is "data that provides information about other data", but not the content of the data itself, such as the text of a message or the image itself. There are many distinct types of metadata, including: * Descriptive ...

& database creation for

publishers Publishing is the activities of making information, literature, music, software, and other content, physical or digital, available to the public for sale or free of charge. Traditionally, the term publishing refers to the creation and distribu ...

and information providers/services * Tapping " voice of customer" for market and survey research firms *

Quality Quality may refer to: Concepts *Quality (business), the ''non-inferiority'' or ''superiority'' of something *Quality (philosophy), an attribute or a property *Quality (physics), in response theory *Energy quality, used in various science discipli ...

Early Warning for vehicle, capital equipment & durable goods manufacturers

References

External links

ClearForest web site

ClearForest semantic web services and Gnosis Firefox extension web site
{{DEFAULTSORT:Clearforest Software companies based in Massachusetts Natural language processing Computational linguistics Software companies established in 1998 Software companies of Israel 1998 establishments in Massachusetts Defunct software companies of the United States

History

Solutions and Products

See also

References

External links