SAN FRANCISCO--(BUSINESS WIRE)--Developers, startups, and small and medium-sized enterprises (SMEs) now have access to a powerful, customizable, and affordable artificial intelligence (AI) technology platform for text mining, MonkeyLearn. As one of the first companies to meet the demands of a new, sophisticated era of AI, MonkeyLearn will be unveiled in beta today at TechCrunch Disrupt San Francisco. MonkeyLearn’s patent-pending algorithm creation engine allows developers in any industry to quickly and easily create and incorporate text mining capabilities into their own platforms, applications and websites, regardless of their experience with AI technologies.
Artificial intelligence technologies for text mining have become a priority for Internet and technology companies, as they allow them to understand users’ interests and provide similar or relevant recommendations. In fact, many popular consumer services today feature these capabilities, such as Google’s search engine, or movie and song recommendations featured by Netflix and Spotify, respectively. However, incorporating the technology has historically been very complex, requiring an outsourced AI technology expert that most startups or SMEs do not have the resources to hire.
The founders of artificial intelligence company, Tryolabs, recognized this need and created MonkeyLearn to solve it. Similar to how WordPress enabled someone without design or programming skills to create a website or blog within minutes, MonkeyLearn makes it easy for any developer to incorporate and use AI technology with just a few of lines of code. Examples include but are not limited to: ecommerce companies profiling users by which products they buy or are likely to buy, thereby improving user experience and ultimately boosting sales; sales and customer support centers automatically sorting emails by language, or sending leads to the most relevant department; or even education technology platforms or tools can classify users based on levels, speed, proficiency, etc., to better recommend courses.
With outside funding from several investors, MonkeyLearn operates on a freemium business model, where developers or entrepreneurs can try the platform for free simply by signing up on MonkeyLearn’s website. Or, if you’re attending TechCrunch Disrupt this week, check out the team’s demo at Startup Alley on Monday, September 8.
Based in the U.S., MonkeyLearn was founded on the belief that developers, startups, and small and medium-sized enterprises (SMEs) in every industry deserve access to powerful and affordable artificial intelligence technologies for text mining. MonkeyLearn’s patent-pending technology allows developers with all levels of experience to easily extract and classify information from text for their specific needs, and integrate the technology into their own platforms, applications and websites within minutes. Created by the founders of artificial intelligence company, Tryolabs, MonkeyLearn operates on a freemium business model, where users can try the platform for free. The company has received funding from several outside investors including Microsoft Latin America’s Director of Technology Eduardo Mangarelli and ANII. For more information or to sign up for a free account, visit www.monkeylearn.com.
About TechCrunch Disrupt
TechCrunch Disrupt SF 2014 is TechCrunch’s sixth annual conference in San Francisco. The format combines top thought-leader discussions with new product and company launches. Morning executive discussions debate technology-driven disruptions in many industries, while the afternoons are reserved for the Startup Battlefield, where some 30 new companies will launch for the first time onstage, selected to present from numerous applications received from around the world. The winning company will receive a $50,000 grand prize and the Disrupt Cup at the conclusion of the conference. The conference is September 8-10, 2014 at the Pier 48, San Francisco, CA 94158.