Leadspace Prepping for a Take Off?
August 30, 2010
One of my readers in Israel forwarded to me an update on Leadspace Ltd., founded by Amnon Mishor and Yaron Karasik. Originally named Data Essence, Leadspace is rumored to have applied its proprietary semantic technology to the tough problem of finding information. From what I can gather, the system taps features of existing linked data, natural language processing, social cues, and user actions to go “beyond search.”
A semantic graph which may be one aspect of the Leadspace approach.
With search and content processing companies scrambling to distance themselves from the somewhat devalued sector of information retrieval, Leadspace has been hiring some people. In addition, there is some casual talk that the company has technology that generates reports instead of results lists. ClearForest, now part of the Thomson Reuters’ operation, was an early semantic technology success. Will this Technion Entrepreneurial Incubator Company (TEIC) follow in ClearForest’s footsteps? According to the information in my Overflight system, the company landed some early stage money and received another $3.0 million in March 2010. A quick look at the archived copies of its original data-essence.com Web pages, the company listed articles on semantic technologies, but there is not too much detail available. A comment on StartUpMania.net struck me as interesting but at this time unsubstantiated about the firm’s technology. Globes reported in March 2010 that Leadspace funding comes from Vertext Venture Capital and Jerusalem Venture Partners. With the interest in semantic technology rising, Leadspace may be readying itself for a marketing push.
Stephen E Arnold, August 30, 2010
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