Alchemy API Raises $2 Million for Neural Net Analysis Tech, on Par With IBM Watson, Google

AlchemyAPI, launched in 2009, raised $2 million for its advanced natural language and deep learning technology. The company processes 3 billion API calls each month, putting it alongside such juggernauts as Google and Facebook, and is paid per call.

The AlchemyAPI allows clients to use text analysis to generate specific and relevant details on targeted sets of data using neural networks.

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Alchemy API Raises $2 Million For Neural Net Analysis Tech, On Par With IBM Watson, Google