Quantexa has acquired a Dublin-based leader in natural language processing (NLP) and advanced AI outfit Aylien to help it collect, analyse, and understand unstructured text data.
This will be Quantexa’s first acquisition since the company raised $153 million in its Series D funding in late 2021 from Warburg Pincus and a group of blue-chip investors, this combination will see the company enter the $11 billion text analytics market.
Founded in 2012, Aylien’s solutions include a News API for building intelligent applications with aggregated multi-lingual content from over 80,000 trusted sources across the web, traditional media, and licensed news outlets.
