ClearForest

Text Metadata Services

Acquired (Inactive) by Thomson Reuters on Apr 2007 - closed due to acquisition

Company Overview

Snapshot

Founded in January 1998, ClearForest operated with 11–50 employees. The company raised $10 million across 2 funding rounds from 7 investors. In April 2007, ClearForest was acquired by Thomson Reuters.

Business overview

ClearForest specialized in text metadata services, leveraging state-of-the-art Natural Language Processing (NLP) technologies to detect events in narrative text, extract entities, classify topics, and identify meaningful connections. The company's core technology combined machine-learning and rule-based techniques, including supervised and unsupervised methods, to process large corpuses of documents for information extraction and question answering. Serving primarily enterprise and professional services clients, ClearForest operated within the IT, R&D & Data Solutions sector, focusing on data analysis, decision support, and knowledge management across geomarkets including India, the United States, China, and Israel.

Strategic signal

ClearForest's acquisition by Thomson Reuters in April 2007 marked a significant strategic validation of its advanced NLP capabilities. This integration led to the formation of the Text Metadata Services (TMS) Group within Thomson Reuters, indicating a strong market demand for sophisticated text analytics to address comprehensive metadata requirements. The acquisition signaled the growing importance of AI-driven data analysis in large information services corporations.

Company Intelligence Q&A

When was ClearForest acquired?: ClearForest was acquired by Thomson Reuters in April 2007.
What was the strategic outcome of the acquisition by Thomson Reuters?: Following its acquisition by Thomson Reuters in April 2007, ClearForest's expertise was integrated into the newly formed Text Metadata Services (TMS) Group, which focuses on addressing Thomson Reuters' metadata requirements using advanced NLP technologies.
Which investors participated in ClearForest's funding round in April 2004?: In April 2004, ClearForest received funding from investors including Walden Israel Venture Capital and Greylock.
Which investors participated in ClearForest's funding round in October 2003?: In October 2003, ClearForest received funding from investors including HarbourVest Partners.
What is ClearForest's primary area of technological expertise?: ClearForest specializes in Natural Language Processing (NLP) technologies, utilizing machine learning and rule-based techniques for text analytics, data mining, and knowledge technology.

External links

ClearForest — full profile (machine-readable)

ClearForest, acquired by Thomson Reuters in 2007, has joined forces with other NLP experts at Thomson Reuters to form the Text Metadata Services (TMS) Group to address the full spectrum of Thomson Reuters metadata requirements. The company employs state-of-the-art NLP technologies to detect events in narrative text, extract entities, classify topics, and identify meaningful connections between entities. The TMS Group employs a combination of machine-learning and rule-based techniques. When manually labeled training data is available, supervised machine-learning techniques such as logistic regression or SVM are used. In other cases, unsupervised techniques are used, and in combination with an advanced rule-based extraction mechanism, semi-supervised techniques bootstrap from the rules and use the topology of the data to complete the NLP task. Some of the algorithms work at the document level while others extract information and allow question answering by looking at a large corpus of documents.

Facts
Name	ClearForest
One-liner	Text Metadata Services
Type	Startup
Founded	1998
Employees	11-50
Employees (exact)	31
HQ / location	Petah Tikva, Derekh Em Hamoshavot 94, Petah Tiqwa, Israel, Center District
Product stage	Released
LinkedIn	https://www.linkedin.com/company/17795
Crunchbase	clearforest
IL Registrar	512503251

Facts

Name

ClearForest

One-liner

Text Metadata Services

Type

Startup

Founded

1998

Employees

11-50

Employees (exact)

HQ / location

Petah Tikva, Derekh Em Hamoshavot 94, Petah Tiqwa, Israel, Center District

Product stage

Released

https://www.linkedin.com/company/17795

Crunchbase

clearforest

IL Registrar

512503251

Classification
Sectors	Business Software, IT, R&D & Data Solutions, Data Analysis & Decision Support, Data Architecture
Core technology	Artificial Intelligence, Natural Language Processing, Machine Learning, Deep Learning
Target customers	Enterprise & Professional Services, Information & Document Management, Knowledge Management, IT, Data Centers
Business models	B2B
Tags	text-analytics, data-analytics, natural-language-processing, knowledge-technology, data-mining, machine-learning

Classification

Sectors

Business Software, IT, R&D & Data Solutions, Data Analysis & Decision Support, Data Architecture

Core technology

Artificial Intelligence, Natural Language Processing, Machine Learning, Deep Learning

Target customers

Enterprise & Professional Services, Information & Document Management, Knowledge Management, IT, Data Centers

Business models

B2B

Date	Round	Amount	Investors
Oct 2003	C Round	$7.5M	HarbourVest Partners, Walden Israel Venture Capital, Pitango VC, DB Capital Ventures, Greylock, Booz Allen Hamilton
Apr 2004	C Round	$2.5M	Walden Israel Venture Capital, Greylock, HarbourVest Partners, Booz Allen Hamilton, Pitango VC, DB Capital Ventures, JPMorgan Chase

ClearForest

Company Overview

Snapshot

Business overview

Strategic signal

Company Intelligence Q&A

External links

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