Dataconomy
  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
Subscribe
No Result
View All Result
  • AI
  • Tech
  • Cybersecurity
  • Finance
  • DeFi & Blockchain
  • Startups
  • Gaming
Dataconomy
  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Synapsify Gets $85k to Become Your Virtual Analyst

byEileen McNulty
July 25, 2014
in News

Synapsify, a startup whose software ranks the most important statements in a body of text, have announced a new £85,000 funding round. This brings Synapsify’s funding to $1.5 million since its founding in 2012. Investors include Standup Capital and the Maryland Department of Business and Economic Development. With the money, Synapsify are rolling out their their Synapsify CORE service, allowing users to access Synapsify’s technology ad hoc online.

Synapsify’s product focuses around being able to automatically recognise what parts of a text are the most significant; a tool which can be vital for time-strapped marketers who only want to be looking at the vital data. The tool is particularly key in the field of sentiment analysis; rather than just gauging who likes a product and who doesn’t, it points marketers to the insights which really matter. “Positive, negative, or neutral [sentiment] only gets them so far and it doesn’t answer the question ‘Why?’” co-founded Stephen Candelmo told VentureBeat.

Synapsify CORE acts as a “virtual analyst”, allowing users to upload spreadsheets from which Synapsify filters the most relevant statements, tweets and text, and presents a report back to the user. The system can also suggest what to focus on when people upload similar datasets in the future, Calermo stated.

Stay Ahead of the Curve!

Don't miss out on the latest insights, trends, and analysis in the world of data, technology, and startups. Subscribe to our newsletter and get exclusive content delivered straight to your inbox.

The field of text analysis is becoming increasingly crowded, with Clarabridge, Idibon and Luminoso also reporting healthy funding rounds. With five permanent customers at present, the online virtual analyst could be set to open Synapsify up to a whole new client base.

Read more here.
(Image credit: Shehan Peruma)

Related Posts

ChatGPT reportedly reduces reliance on Reddit as a data source

ChatGPT reportedly reduces reliance on Reddit as a data source

October 3, 2025
Perplexity makes Comet AI browser free, launches background assistant and Chess.com partnership

Perplexity makes Comet AI browser free, launches background assistant and Chess.com partnership

October 3, 2025
Light-powered chip makes AI computation 100 times more efficient

Light-powered chip makes AI computation 100 times more efficient

October 3, 2025
Free and effective anti-robocall tools are now available

Free and effective anti-robocall tools are now available

October 3, 2025
Choosing the right Web3 server: OVHcloud options for startups to enterprises

Choosing the right Web3 server: OVHcloud options for startups to enterprises

October 3, 2025
Z.AI GLM-4.6 boosts context window to 200K tokens

Z.AI GLM-4.6 boosts context window to 200K tokens

October 2, 2025
Please login to join discussion

LATEST NEWS

ChatGPT reportedly reduces reliance on Reddit as a data source

Perplexity makes Comet AI browser free, launches background assistant and Chess.com partnership

Light-powered chip makes AI computation 100 times more efficient

Free and effective anti-robocall tools are now available

Choosing the right Web3 server: OVHcloud options for startups to enterprises

Z.AI GLM-4.6 boosts context window to 200K tokens

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy

Follow Us

  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.