Semantra Snags $3 Million in Additional Funding
July 23, 2008
The economy is uneven. Semantra, however, has obtained $3 million in funding from CPMG, a unit of Cardinal Investment Company. The “C” means cardinal and the “PMG” means Public Market Group. No matter, the CPMG investment in Semantra totals about $9 million.
What’s a Semantra?
The company is a leader in “conversational analytics.” This buzzword means that a user of a Microsoft Dynamics CRM system can ask a question in plain English. Semantra converts the question to a syntax Microsoft Dynamics understands. Semantra then displays the answer. The company say that it :
…is a pioneer in Natural Language and Semantics that is applied in a search and information access context that enables enterprises to quickly and easily retrieve precise, critical information from complex corporate databases through inquiries in the language of a user’s business. With an understanding of linguistics, conceptual modeling and relational theory, Semantra built its software to empower business users with real time, common language commands and requests unavailable through traditional BI or enterprise search solutions. Semantra significantly improves the value of any enterprise business application. Semantra’s headquarters are located in Dallas, Texas.
A typical interface looks like this:
The company received an infusion of cash from CPMG about one year ago. The company plans a product roll out later in 2008. You can learn more about the company here.
Despite the challenges some text and content processing companies face with their sources of funding, Semantra appears to have few problems.
Stephen Arnold, July 23, 2008
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