Idibon provides a platform that helps companies understand and analyze their language data using natural language processing and data science. Its product supports NER/text extraction, sentiment analysis, text/content categorization, and language detection/identification. The platform is multilingual and handles over 50 languages, including English, Chinese, Japanese, Korean, Spanish, Portuguese, French, German, Dutch, Russian, Swedish, Italian, Indonesian, Vietnamese, Hindi and Bengali. Idibon was launched in January 2014 by Robert Munro (CEO) and is based in San Francisco, CA. The company raised a $5.5M Series A and intends to use the funds to expand operations. As part of the financing, Vadim Tarasov from Altpoint will join Khosla on Idibon’s board of directors. Idibon builds NLP technology to help companies understand language data by turning unstructured sources into structured answers to business-intelligence questions. The company processes emails, instant messages and social media to extract actionable insights. Idibon intends to use the funds to continue developing its technology. The startup raised $1.4M from Khosla Ventures. As part of the investment, Sven Strohband, Partner and CTO at Khosla Ventures, will join Idibon’s board of directors. Leadership includes Robert Munro (CEO), Schuyler Erle (CTO), Christopher Walker (Chief Data Officer) and Tyler Schnoebelen (Senior Data Scientist).

Total raised

$7M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2014