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
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Rich May embraces an entrepreneurial spirit and maintains a mission
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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.
