Lexalytics Moves to Boston
Lexalytics, whose text-analytics software can measure, among other things, whether a digital document is full of praise or insults, did not get off to a superlative start back in 2003. To begin with, its investors almost closed the company down. Lexalytics got started when the venture funders behind a Woburn, MA-based content management startup called […]
To begin with, its investors almost closed the company down. Lexalytics got started when the venture funders behind a Woburn, MA-based content management startup called LightSpeed Software decided to consolidate that company on the West Coast. “They were going to close the East Coast operation, so I basically convinced them to give it to me to avoid the shutdown costs,” says Jeff Catlin, a former LightSpeed general manager who, together with a LightSpeed engineer named Mike Marshall, salvaged the Woburn operation, moved it to Amherst, MA, and renamed it Lexalytics.
Lexalytics processes billions of words every day, globally, for data analytics companies and enterprise data analyst teams that need to tell powerful stories from text data. The company’s Salience®, Semantria® and Lexalytics Intelligence Platform™ products combine natural language processing with artificial intelligence to transform text in all its forms into usable data. Lexalytics solutions can be deployed on premises, in the cloud or within hybrid cloud infrastructure to reveal context-rich patterns and insights for voice of customer, voice of employee, customer experience management, market research, social listening, news monitoring and other business intelligence programs. For more information, please visit www.lexalytics.com, email sales(at)lexalytics(dot)com or call 1-617-249-1049. Follow Lexalytics on Twitter, Facebook, and LinkedIn.