Press Releases

Saffron Technology Raises $7 million in Series B funding

Saffron Technology LogoCary, NC, March 20, 2014 – Saffron Technology, a cognitive systems company helping Fortune 1000 businesses understand the value of transforming disconnected data into actionable knowledge, today announced that it has closed a $7 million Series B investment round. Funds are earmarked to accelerate business growth, including opening new global headquarters in Silicon Valley.

“Data becomes infinitely more powerful when you tie together its meaning from a multiplicity of disparate sources. Our patented Natural Intelligence Platform unifies all kinds of data – structured and unstructured – in real time, from a large variety of sources and continuously learns about the things in the data without the need for pre-determined rules or models,” said Gayle Sheppard, Saffron Technology CEO. “Now you can automatically see converging and other patterns to anticipate outcomes and prepare to act. These capabilities, combined with our customers’ success with Saffron, position us well for growth. With this additional funding, we will expand customer-centric next generation service teams, build a strong brand presence, create scalability across our business, and establish a Silicon Valley headquarters in spring 2014.”

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HTML5 Definition Complete, W3C Moves to Interoperability Testing and Performance

First Draft of HTML 5.1 Offers Glimpse at Next Round of Standardization

HTML 5 logo(Press Release) 17 December 2012 — The World Wide Web Consortium (W3C) published today the complete definition of the HTML5 and Canvas 2D specifications. Though not yet W3C standards, these specifications are now feature complete, meaning businesses and developers have a stable target for implementation and planning. HTML5 is the cornerstone of the Open Web Platform, a full programming environment for cross-platform applications with access to device capabilities; video and animations; graphics; style, typography, and other tools for digital publishing; extensive network capabilities; and more.

“The broader the reach of Web technology, the more our stakeholders demand a stable standard,” said W3C CEO Jeff Jaffe. “As of today, businesses know what they can rely on for HTML5 in the coming years, and what their customers will demand. Likewise, developers will know what skills to cultivate to reach smart phones, cars, televisions, ebooks, digital signs, and devices not yet known.”

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Nigel Shadbolt, Co-Director, Open Data Institute to Keynote SemTechBiz UK

Rising Media and WebMediaBrands, producers of the Semantic Technology and Business Conference – UK (#SemTechBiz), have announced details of this year’s event, the foremost conference series on semantic technologies.

Photo of Nigel ShadboltThis year’s line-up of speakers includes Professor Nigel Shadbolt, Co-Director, Open Data Institute. A former President of the British Computer Society, Professor Shadbolt has been involved in a wide range of entrepreneurial activities.  In 2009, together with Sir Tim Berners-Lee, he was appointed as information advisor by the Prime Minister to help transform public access to Government information. Professor Shadbolt will be delivering a keynote presentation on day 1 of the conference.

The 2012 Semantic Technology and Business Conference – UK will be held on 19-20 September at The Millennium Gloucester Hotel, 4-18 Harrington Gardens, London SW7 4HL.

Semantic Technology and Business Conference – UK brings together today’s industry thought leaders and practitioners to explore the challenges and opportunities impacting both corporate business leaders and technologists. The two day conference is packed with case studies and real-world perspectives, with insight and learning from global experts in technology, financial services, insurance, healthcare, publishing, government, automotive and enterprise data.

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#SemTechBiz Start-Up Contest – Deadline Extension and Judges Announced

Semantic Tech & Business Conference - San Francisco - Start-up Competition. Click Here to Apply!SemanticWeb.com and parent company WebMediaBrands recently announced a contest to earn the title of  “Top Semantic Technology Start-Up.” Today, we have two exciting announcements to make about the contest.

Deadline Extension

We have had several requests to extend the deadline, and are announcing today that we will now accept applications for the contest until April 30, 2012. We also learned of some applicants who encountered technical problems when trying to submit in the early days of the contest. We have fixed the code that caused these problems, and encourage all who experienced difficulties to try again.

Judges

We are also pleased to announce the panel of judges that will be at SemTechBiz evaluating the companies. It’s a great group, and we’re looking forward to a lively afternoon!

Photo of Michael Dunn, CTO, Hearst Interactive Photo of Jim Hendler, Professor, RPI Photo of Mark Johnson, CEO Zite Photo of Chris Shipley, CEO Guidewire Group

Left to Right, they are: Read more

Google Announces Updates to Rich Snippets

Google has announced two updates to rich snippets, the enhanced format that they announced in 2009 for displaying content in search results that use semantic markup.

The first update addresses an issue raised on answers.semanticweb.com in July of 2011. Prior to this update, only some places in the world saw rich snippets in their local results. Now product rich snippets is getting global support, meaning that users worldwide will be able to preview product information in the rich snippet. Here is an example from www.google.fr:

sample of rich snippet from Google France

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#SemTechBiz Start-up Contest – 3 Weeks Left to Enter!

Semantic Tech & Business Conference - San Francisco - Start-up Competition. Click Here to Apply!SemanticWeb.com and parent company WebMediaBrands recently announced that a competition will be held at the upcoming Semantic Technology and Business Conference (SemTechBiz) in San Francisco to select the “Top Semantic Technology Start-Up.” The contest begins with an online application process. Out of that pool of applicants, ten companies will be selected to compete in person and on stage at SemTechBiz San Francisco. There is no charge to apply. The ten finalist companies will need to register one individual, but for already registered attendees, there is no additional fee.

Requirements

SemanticWeb.com is currently accepting entrants from now until April 23, 2012. Companies encouraged to apply are those who meet the following conditions:

  1. have a demonstrable product (at least in “beta” stage) in the SemTech and or SemWeb space
  2. have received no more than a Series A round of financing

Companies can be located anywhere but must have the financial means to attend SemTech 2012. Ten Finalist companies will be selected to compete in a “Pitch Slam” before a panel of expert judges at the Conference. These finalists will be listed in an article at SemanticWeb.com.

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Announcement of Linked Data Basic Profile 1.0 Submission

In December 2011, the World Wide Web Consortium held “The Linked Enterprise Data Patterns workshop,” and that workshop ended with unanimous agreement that “the W3C should create a Working Group to produce a W3C Recommendation which defines a Linked Data Platform.”

In response to that call, SemanticWeb.com has joined experts from fellow W3C member Organizations IBM, DERI, EMC, Oracle, Red Hat, and Tasktop in submitting the “Linked Data Basic Profile 1.0” specification as a W3C Member Submission.  This specification defines a set of best practices and a simple approach for a read-write Linked Data architecture, based on HTTP access to web resources that describe their state using RDF.  The specification builds on the four principles Tim Berners-Lee used to define “Linked Data” and provides some new rules as well as clarifications and extensions to achieve greater interoperability between Linked Data implementations.

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TextDigger Announces $4.3 Million A-1 Funding

SAN JOSE, Calif., Feb. 3 /PRNewswire/ — TextDigger, Inc., a semantic profiling, text mining, and search tools company, announced the closing of a US $4.3 million round of venture capital funding. The series A-1 round was led by True Ventures (San Francisco, CA) with a follow on investment from Intel Capital (Santa Clara, CA). Also participating were CBS Interactive (formerly CNET Networks) and several leading angel investors.

TextDigger will use the funding to develop and market its semantic profiling, hosted search and automated tagging solutions in the online publishing and e-commerce sectors, expanding its sales and marketing presence within the U.S.

TextDigger’s advanced semantic services increase the findability of web pages, both internally within a site and externally on major search engines. The advanced semantic technology can disambiguate the various meanings of words, and can match queries to web pages where different words are used to describe the same idea. The results are better search results, increased ad inventory, and longer user sessions.

Commenting on the investment round, Tim Musgrove, CEO of TextDigger, stated, "The strong positive reactions to our beta trials last year led to a renewed investor interest in our company. We are proud to have attracted three industry leaders who, between them, possess vast talent across technology marketing, digital media production, and the management of start-ups."

Phil Black of True Ventures commented, "The time has come when every company owning large amounts of Web-based content wants a smarter tool to optimize that content, so that every bit of value in it is delivered to their customers. TextDigger is uniquely qualified to provide such services, and we believe that any site which has its own search can benefit right now from working with TextDigger."

Eghosa Omoigui of Intel Capital commented, "Content publishers are fast realizing that their current methods of connecting web users to timely and relevant information, such as collaborative filtering and community recommendations, may not solve the whole problem. TextDigger has developed software tools to help give consumers a better grasp on web content, the volume of which is dramatically increasing. The company’s unique approach has enormous potential in this growing space."

About TextDigger, Inc.

TextDigger is a San Jose, CA-based startup developing advanced semantic solutions for the Web, including hosted semantic search, automated content tagging and topic generation, and optimized keyword generation. These products make Web pages more findable, both to outside search engines such as Google and to other pages within the same site via cross-linking and related search. The result is increased revenue from higher inbound traffic and longer sessions. TextDigger was founded by a group of former CNET employees and executives who developed patented linguistic technologies that, today, are used to enhance the content on thousands of pages within CNET’s award winning websites.

About True Ventures

True Ventures invests in promising entrepreneurs at the earliest stages in the highest-growth segments of the technology market. The Partners at True have started over ten companies as founders, and True is designed by entrepreneurs, for entrepreneurs. The firm clearly understands both opportunities and challenges in the earliest stage of development and provides young companies with a powerful, seasoned partner.

About Intel Capital

Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, home, mobility, health, consumer Internet, semiconductor manufacturing and cleantech. Since 1991, Intel Capital has invested more than US$7.5 billion in approximately 1,000 companies in 45 countries. In that timeframe, 168 portfolio companies have gone public on various exchanges around the world and 212 were acquired or participated in a merger. In 2008, Intel Capital invested about US$1.59 billion in 169 investments with approximately 62 percent of funds (excluding Clearwire) invested outside North America. For more information on Intel Capital and its differentiated advantages, visit http://www.intelcapital.com

For more information on TextDigger’s semantic solutions, please visit textdigger.com

Website: http://www.textdigger.com/
Website: http://www.intelcapital.com/

Semantic Universe Network Goes Live! The New Focal Point for Semantic Technology Professionals

Semantic Universe and Cerebra today announced the launch of the "Semantic Universe Network", a vibrant educational and networking hub for the global semantic technology marketplace. Semantic Universe Network will be the educational and information resource for the people and companies within the high-growth semantics sector, covering the latest news, opinions, events, announcements, products, solutions, promotions and research in the industry.

Los Angeles, CA (PRWEB) January 27, 2009 — Semantic Universe and Cerebra today announced the launch of the "Semantic Universe Network", a vibrant educational and networking hub for the global semantic technology marketplace. Semantic Universe Network will be the educational and information resource for the people and companies within the high-growth semantics sector, covering the latest news, opinions, events, announcements, products, solutions, promotions and research in the industry.

SemanticUniverse.com
SemanticUniverse.com

According to Tony Shaw, Editor of Semantic Universe Network, "The semantic community needs a vehicle to communicate the comprehensive business applications and benefits of semantic technology, as well as a better way to connect developers, customers, entrepreneurs and investors. Semantic Universe Network will be that vehicle."

Says Brian Crook, President of Cerebra, "Today’s launch is an important milestone towards the semanticuniverse.com vision. We now have the technical framework to facilitate the growth and interaction of the community and an online sandbox for all of us to showcase, discuss and advance the enabling benefits of semantic technology."

The semantic community needs a vehicle to communicate the comprehensive business applications and benefits of semantic technology, as well as a better way to connect developers, customers, entrepreneurs and investors. Semantic Universe Network will be that vehicle.

Today’s launch is an important milestone towards the semanticuniverse.com vision. We now have the technical framework to facilitate the growth and interaction of the community and an online sandbox for all of us to showcase, discuss and advance the enabling benefits of semantic technology.

Launch editorial includes extensive new and archived material. Dozens of editorial contributors and industry bloggers are committed to participate in the Semantic Universe Network and over 30 original articles (by 30+ authors) have been published today. Among the contributors are prominent industry analysts and commentators.
Technical articles, case studies and research have been contributed by organizations including: Microsoft, SAP, Oracle, Metatomix, Zemanta, Expert System, Ontos, Collibra, NetBase, IQser, General Electric, and two dozen more. Archived content draws upon a rich media library generated from the Semantic Technology Conferences and the Semantic Report including blogs, webcasts, slide decks, video recordings, executive interviews, audio recordings, profiles, photos, press releases, product information and vendor announcements.

Charter sponsorships are now being offered to product and tool developers within the semantic sector, as well as industry participants such as venture capitalists, consulting firms, educational institutions and other services organizations.

For information about advertising and site sponsorships contact Steve Bastasini +1-415-740-5528 (steve (at) semanticuniverse (dot) com). For information about editorial participation contact Tony Shaw +1-310-337-2616 x102 (tony (at) semanticuniverse (dot) com).

About Semantic Universe:
Semantic Universe is the creator of the Semantic Technology Conference (SemTech), the world’s foremost symposium on the business of semantic technology now in its fifth year. Semantic Universe is also the creator of the Semantic Report and the Semantic Universe Webcast Series. Semantic Universe is a joint venture of Wilshire Conferences and Semantic Arts.

About Cerebra, Inc. – Cerebra is the developer of the Cerebra Server, a content matching and discovery platform combining the respective strengths of natural language processing and semantic reasoning techniques. Cerebra products augment publisher sites with relevant content and advertising delivered as small widget applications to embed maps, reviews, videos, images, products and domain content contextually into publisher web pages.