CEO: Dr. Catherine Havasi
It's been a big year so far for Luminoso, a Cambridge, Mass.-based startup specializing in text analytics.
As a spin-out of the Massachusetts Institute of Technology (MIT) Media Lab, Luminoso leverages what it calls "the world's first cloud-based, massively multilingual, scalable solution" for understanding and analyzing text. The purpose of the platform, Luminoso says, is to turn big data into big insights, helping organizations understand how customers really feel about their company or product by deriving meaning from even the most indirect language or subtlest of hints.
Luminoso garnered a lot of attention this year when it was selected by Sony to fuel the tech giant's "One Stadium Live," an online portal compiling all World Cup-related social media content from Twitter, Facebook, and Google+. The startup in June also nabbed a $6.5 million in Series A funding.