Company Overview
Snapshot
Founded in June 2013 by Eran Utmazgin and Shmulik Fronman, PhraseTech operated with 11–50 employees. The company raised $3.5 million across two funding rounds from five investors. In February 2016, PhraseTech secured funding from Magma Venture Partners and Commerce Ventures.
Business overview
PhraseTech provides a platform for online retailers to generate fully customized product page content. Its technology leverages machine learning and real-time analytics to create tens of thousands of product page versions, optimizing text to target specific customer demographics such as gender, age range, and location. The company also operates Buzzrake.com, a search engine for online opinions, and manages an online magazine, serving the e-commerce and marketing sectors with solutions in personalization, natural language processing, and content marketing.
Company Intelligence Q&A
- What is PhraseTech's primary business activity?
- PhraseTech enables online retailers to create fully customized product pages using machine learning and real-time analytics to optimize text for specific customer segments.
- When was PhraseTech founded?
- PhraseTech was founded in June 2013.
- Who are the founders of PhraseTech?
- The co-founders of PhraseTech are Eran Utmazgin and Shmulik Fronman.
- What was the company's operational status as of July 2019?
- PhraseTech ceased to operate in July 2019.
- What was the total capital raised by PhraseTech?
- PhraseTech raised a total of $3.5 million across two funding rounds.