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Diffbot Gets Funds for Content Analysis Technology

June 1 2012

US-based Diffbot - whose technology enables users to analyze, extract and enhance web content - has secured a $2m investment which it will use to fund its expansion plans.

Michael TungDiffbot claims its visual-based content extraction technology can view and understand web content in the same way human beings do. This technology identifies and extracts objects on any web page using artificial intelligence, computer vision, machine learning and natural language processing, in order to enable app developers to integrate data from any web page in their own applications.

Through the system, the web has been categorized into around 20 different page types that can be visually analysed using layout and contextual cues, including everything from product and review pages to social networking profiles.

The company's new funds have been provided by technology veterans including Sky Dayton, founder of EarthLink; Andy Bechtolsheim, co-founder of Sun Microsystems; Joi Ito, Director of the MIT Media Lab; Brad Garlinghouse, CEO of YouSendIt, and other execs and founders from Facebook, Twitter and Yahoo!, with participation from Matrix Partners.

Founder and CEO Michael Tung comments: 'This investment from such a prestigious group of technologists lets us accelerate towards our goal with new hires and expanded resources. These are some of the best advisors in the industry to help bring our disruptive technology to every developer in the world, whether they are working at a Fortune 500 company or building the next one out of their garage.'

Web site: www.diffbot.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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