Rich May News: 2005
September 22, 2005
Rich May Client, Cymfony, Spins off Janya to Deliver Advanced Information Discovery Solutions for the Government.
Rich May client, Cymfony, a leading market intelligence and media analysis company, recently announced it has spun off its government services business as a new company, Janya, Inc. Rich May represented Cymfony in the transaction. The new company provides information extraction (IE) and natural language processing (NLP) solutions for information discovery from unstructured data. Janya’s technology is based on a license of Cymfony’s core information extraction platform, InfoXtract. The new company will focus on development of advanced text analysis solutions for the United States government, especially the intelligence community and the Department of Defense (DoD).
Janya will leverage the InfoXtract IE platform in offering products and services to government customers. InfoXtract supports the automatic analysis of large volumes of text documents in order to detect entities of interest, key attributes, and actions involving them. The technology development has been funded since 1997 through private venture investment and contracts totaling over $9 million from the Air Force Research Laboratory (AFRL) in Rome, NY and the Office of Naval Research, illustrating the DoD’s need for this advanced capability. Janya will continue to advance the state-of-the-art information extraction, especially in machine learning techniques for automatically adapting to new domains. InfoXtract has been integrated into diverse applications such as situation awareness systems for the DoD, as well as Cymfony’s Dashboard application for consumer brand monitoring.
“While information extraction technology continues to evolve, it has already demonstrated its value to unstructured data management by enhancing search and making tools such as visualization text aware,” said Dr. Rohini Srihari, CEO of Janya. Dr. Srihari was previously the chief scientist at Cymfony, a company she founded; she is also a faculty member in the Department of Computer Science and Engineering at the State University of New York at Buffalo.
“The spin-off allows Cymfony to sharpen our focus on the rapidly growing commercial business, while Janya answers the special needs of the vital government and intelligence agency business, such as security clearance and separate technology requirements,” said Andrew Bernstein, CEO of Cymfony. “Cymfony is dedicated to providing Fortune 1000 companies the most comprehensive traditional and consumer-generated media analytics products and professional services available.”
About Cymfony, Inc.
Cymfony is an award-winning media measurement, market research and business intelligence company providing software and services to leading corporations throughout the world. The Cymfony Dashboard series of solutions are used to measure, analyze and manage global brands and understand perception from both traditional and consumer-generated media including blogs, messages boards, usenet groups and forums. Cymfony’s business intelligence solutions are powered by Cymfony’s InfoXtract TM technology, a leading advanced information extraction and analysis engine used by United States government and intelligence agencies. For more information or to schedule a demonstration of Cymfony Dashboard or Digital Consumer Insight, contact Cymfony at (617) 673-6000 or visit the web at http://www.cymfony.com
About Janya
Janya provides software products and services for government markets enabling information discovery from unstructured data. The technology, developed with sustained Department of Defense funding, is based on advanced Information Extraction and Natural Language Processing. Janya works with government customers and systems integrators to incorporate the information discovery software into larger information systems. Janya has offices in Buffalo, NY and Washington, DC. For more information on the company and its services contact Janya at 202-742-6590 or visit the website at www.janyainc.com.
About Rich May
Rich May’s diverse practice embraces the organization and operation of business ventures, venture capital, private placements, hedge funds, public offerings, technology licensing, mergers and acquisitions, contracts, joint ventures, internet and e-commerce law, employee relations, intellectual property, litigation and dispute resolution, energy, telecommunications, public utilities, wealth planning and real estate. Rich May provides superior legal and strategic counsel through its extraordinary commitment to clients’ success, outstanding professional competence and straightforward ability to communicate. Rich May embraces an entrepreneurial spirit and maintains a mission execution culture that distinguishes Rich May from other law firms.
Rich May combines the stability and experience of one of Boston’s oldest preeminent law firms with the innovative spirit and energy of a venture catalyst intensely focused on serving high-tech entrepreneurs, emerging companies and investors in New England and throughout the United States.
For more information, visit www.richmaylaw.com.
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