Derrick Harris of GigaOM reports that PureDiscovery, a company we have covered in the past, has raised $10 million in Series C funding to reinvent enterprise search. Harris writes, "Rather than indexing documents and letting users perform keyword searches, PureDiscovery is focused on semantic technology and learning the concepts contained within a company’s content. We first covered PureDiscovery in early 2012, when the company was just beginning its push out of the legal field where it has already made a name for itself. The company’s software has proven effective in e-discovery, where it’s used to learn what’s contained within thousands of pages of documents turned over during litigation. PureDiscovery also powers patent search for LexisNexis, where it has analyzed hundreds of millions of patent documents and journal articles to surface the most-relevant content regardless of keyword relevancy."
Harris continues, "With the latest investment now a done deal, PureDiscovery Founder and CEO Dave Copps told me it’s ready to make that push into the broader enterprise market. In order to do that, it’s moving away from traditional software and into a cloud-based platform, and is about to release its general-purpose BrainSpace technology (previously called Grokkit) to the world. The idea, Copps said, is to create interest graphs linking people and documents with concepts. So if I’m interested in 'big data,' for example, BrainSpace should point me to internal company documents about that topic, but also to external content and to people who know a lot about it. Ideally, it identifies people based not just on keywords in their profiles, but on their interaction with big data content and perhaps their activity on the corporate social network."
Image: Courtesy PureDiscovery