Bitext
Latest round
- Seed
Last raised
- Feb 2015
Total raised
- $0.9M
Investors
- 1
About Bitext
Founded in 2001, Bitext operates from San Francisco, US, focusing on advanced language processing technology.Bitext specializes in multilingual named entity and concept extraction through its hybrid linguistic engine, which combines symbolic and statistical techniques. The core offerings include a Software Development Kit (SDK) that processes over 60 million tokens per second per core, designed for real-time deployment in high-volume environments. This SDK supports customized ontologies and taxonomies, enabling clients to extract detailed semantic relationships such as causality and ownership across various documents and languages. The technology is tailored for sectors like finance, e-commerce, security, compliance, legal, and healthcare, with applications that enhance transaction analysis, product graph creation, threat detection, compliance modeling, and patient journey mapping.Bitext's revenue model primarily revolves around B2B transactions, offering its SDK and related services through subscription-based partnerships with enterprises and organizations seeking advanced language processing capabilities. Clients typically enter into agreements to access the SDK via REST API or Python bindings, which can be integrated on-premises or through cloud installations. The company's offerings, including its flagship SDK and pre-built datasets, are designed to address specific industry needs, allowing for customized implementations that enhance client operations. The company aims to expand into new markets and geographic regions, specifically targeting additional sectors and international clients by the end of 2023. Upcoming innovations include enhancements to their SDK to better accommodate complex language processing tasks, with further details expected to be announced as development progresses.
Who invested in Bitext
1 investor across 1 round
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Funding rounds
Seed
Feb 4, 2015
Amount
$0.9M
Investors
Questions about Bitext
Who invested in Bitext?
Bitext has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Bitext raised?
Bitext has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Bitext last raise money?
Bitext's most recent round on record is a Seed, in Feb 2015.
What does Bitext do?
Founded in 2001, Bitext operates from San Francisco, US, focusing on advanced language processing technology.
Where is Bitext headquartered?
Bitext is headquartered in San Francisco, US.
Which VCs invest in companies like Bitext?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Bitext's stage. Their profiles are linked below.
VCs backing software startups at Seed
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