Hypertext, secretive company wants to make web more "intelligent"
Hypertext is a secretive Seattle-based startup that says it’s focused on making information on the web more “intelligent.”
It comes to light after a publicly traded company, Insightful Corporation, announced it has sold its InFact search technology and other related intellectual property rights to Hypertext for $3.65 million in cash. This suggests Hypertext has some sort of financial backing; Paul Allen is reportedly behind it, says John Battelle (Update: Allen’s Vulcan Capital is indeed behind this).
Here’s another blog post about the company, from employee Chalo Bolo, though it doesn’t say much. Job listings reveal it is recruiting heavily in machine/artificial intelligence and data mining.
We’ll try to find out more.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
