How much funding has ClearForest raised?

ClearForest has raised $7.5M in total funding, most recently a Series C round.

When was ClearForest founded?

ClearForest was founded in 1998.

Where is ClearForest headquartered?

ClearForest is headquartered in Waltham, Massachusetts.

What industry is ClearForest in?

ClearForest operates in Data & Analytics.

How many employees does ClearForest have?

ClearForest has 11-50 employees.

ClearForest

Q: Who are ClearForest's investors?

ClearForest's investors include Thomson Reuters Ventures, Greylock Partners, Pitango Growth.

Acquired

Waltham · Founded 1998 · $7.5M raised

Data & Analytics

Headquarters: Waltham, Massachusetts
Employees: 11–50
Founded: 1998
Business Model: B2B

Website: clearforest.com
Total Funding: $7.5M
Last Round: $7.5M Series COct 2003
Rounds: 1

About

ClearForest was a private software company founded in 1998 with headquarters in Waltham, Massachusetts and a development center in Or Yehuda, Israel. The company developed and marketed text analytics and text mining solutions under the ClearForest Text Analytics Suite brand. Its products included OpenCalais (a free web service for named-entity recognition and automatic metadata generation), Semantic Web Services for natural language processing, the Gnosis Firefox extension, and Harvest (a real-time machine-readable news service). ClearForest's solutions were used for equity valuation by hedge funds, metadata creation for publishers, voice-of-customer research, and quality early warning systems for manufacturers. The company was venture-backed, with investors including Greylock Ventures, DB Capital Partners, Pitango, Walden Israel, Booz Allen, JP Morgan Partners, and HarbourVest Partners. Reuters acquired ClearForest in April 2007 for an estimated $25 million, subsequently launching the Open Calais service built on ClearForest technology.

Summary

ClearForest is a Data & Analytics company based in Waltham, founded in 1998. It has raised $7.5M in total across 1 round, most recently a $7.5M Series C round in Oct 2003. Investors include Thomson Reuters Ventures, Greylock Partners and Pitango Growth.