ClearForest was an Israeli

software company A software company is a company whose primary products are various forms of software, software technology, distribution, and software product development. They make up the software industry. Types There are a number of different types of softw ...

that developed and marketed

text analytics Text mining, also referred to as ''text data mining'', similar to 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 extract ...

and

text mining Text mining, also referred to as ''text data mining'', similar to 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 extract ...

solutions.

History

Founded in 1998, ClearForest had its headquarters just outside

Boston Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- mo ...

and a development center in

Or Yehuda Or Yehuda ( he, אוֹר יְהוּדָה, ar, أور يهوده ) is a town in the Tel Aviv District of Gush Dan, Israel. In it had a population of . History Prehistory Human settlement back to the Chalcolithic has been found on the site.

. The company was acquired by Reuters in April, 2007. It now markets its services under the names

Calais Calais ( , , traditionally , ) is a port city in the Pas-de-Calais department, of which it is a subprefecture. Although Calais is by far the largest city in Pas-de-Calais, the department's prefecture is its third-largest city of Arras. Th ...

, 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 MidOcean Partners is a New York-based alternative asset management firm that specializes in mid-sized private equity and alternative leveraged investments. The firm, founded in February 2003, is based in Midtown Manhattan. MidOcean was original ...

Pitango Pitango Venture Capital, established in 1993, is Israel's largest venture capital fund with over $1.8 billion under management. Pitango is focused on seed, expansion and late stage companies in core technologies, consumer, and Life Sciences. The ...

, Walden Israel,

Booz Allen Booz may refer to: *Booz (surname), a surname (including a list of people with the name) * Strategy&, formerly known as Booz & Company, a global management consulting firm now part of PricewaterhouseCoopers *Booz Allen Hamilton, a global managemen ...

JP Morgan Partners CCMP Capital is an American private equity investment firm that focuses on leveraged buyout and growth capital transactions. Formerly known as JP Morgan Partners, the investment professionals of JP Morgan Partners separated from JPMorgan Chase o ...

and

HarbourVest Partners HarbourVest Partners 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 dire ...

. On February 7, 2008 Reuters 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 pre ...

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

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

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 pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as sho ...

s and alternative investments firms *

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

& database creation for

publishers Publishing is the activity of making information, literature, music, software and other content available to the public for sale or for free. Traditionally, the term refers to the creation and distribution of printed works, such as books, newsp ...

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