ClearForest exit shines light on text analytics startups (Tech Confidential

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ClearForest exit shines light on text analytics startups

[Posted on April 30, 2007 - 3:26 PM]

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Reuters is purchasing text analytics startup ClearForest for an undisclosed amount of money. The undisclosed price suggests that ClearForest's investors didn't make out too well in this deal. Shareholders include Greylock, Pitango and Walden Israel.

Text analytics companies help customers make sense out of reams of unstructured data. Here's a list of some other companies offering these sorts of products:

Tags: clearforest, attensity, reuters, vc, venture+capital.

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