AlchemyAPI
Company

Last deal

$43.96K

Amount

Pre-Seed

Stage

30.05.2014

Date

2

all rounds

$2.04M

Total amount

date founded

Financing round

General

About Company
AlchemyAPI is a company that offers web services for real-time text analysis and computer vision to transform unstructured data.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2005

Number of employees

Company Type

For Profit

Last funding type

Pre-Seed

IPO status

Private

Description

Their cloud services are easy-to-use and high-performance, providing companies with the intelligence needed to turn vast amounts of unstructured data into actionable insights. AlchemyLanguage® is their most popular natural language processing service, used by over 40,000 developers across 36 countries to process more than 3 billion texts and images every month. Their platform enables customers to perform large scale social media monitoring, target advertisements, track influencers and sentiment within the media, automate content aggregation and recommendation.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Transaction name

Acquired by

IBM

announced date

04.03.2015

Financials

Funding Rounds
2
2

Number of Funding Rounds

$2.04M

Money Raised

Their latest funding was raised on 30.05.2014. Their latest round Pre-Seed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
30.05.2014
$43.96K
Access Venture Partners

Access Venture Partners

Access Ventures is a venture capital fund that invests in early-stage technology companies led by passionate founders.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Westminster, CO, USA

count Of Investments

90

count Of Exists

22
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Access Venture Partners

Access Venture Partners

Access Ventures is a venture capital fund that invests in early-stage technology companies led by passionate founders.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Westminster, CO, USA

count Of Investments

90

count Of Exists

22

People

Founders
1
Elliot Turner
Elliot Turner

Elliot Turner

Elliot Turner is the founder and Chief Executive Officer of AlchemyAPI. A serial software entrepreneur focused on solving the toughest data problems, Elliot started AlchemyAPI to give organizations access to deep learning capabilities that enable real-time analysis to derive true meaning from data. Before founding AlchemyAPI, Elliot was founder and CEO of MimeStar, an enterprise security software provider and Chief Architect of Network Intrusion Detection Systems where he worked to further develop deep packet inspection and high speed data analysis technologies. Elliot is a sought after deep learning expert, co-author and contributor to several books, including Linux Networking Unleashed, Red Hat System Administration Unleashed, and Caldera OpenLinux System Administration Unleashed. His work in natural language processing, network security, and expert systems has been cited in papers published by the MIT Media Lab, BT Technology Journal, Carnegie Mellon University, IIT, Microsoft Research, National Taiwan University, among other groups. Twitter: @eturner303 Linkedin: www.linkedin.com/in/elliotbturner

current job

Hyperia
Hyperia

organization founded

2

Elliot Turner

Employee Profiles
12
Steve Herschleb

Steve Herschleb

API Evangelist

Andriy Chuyko

Director of Software Engineering

Activity

Recent News
0