Natural language processing tech startup Primer raises $110M

Natural language processing tech startup Primer raises $110M

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(Reuters) — Primer, a San Francisco-based startup that offers a all-natural language processing platform applied by U.S. national safety agencies and other folks, on Tuesday stated it lifted $110 million in its latest funding spherical.

The corporation also announced a partnership with data analytics business Palantir Systems and that the Primer platform will be offered in Microsoft’s Azure cloud.

When pure language processing is normally applied for transcription products and services, Primer CEO and founder Sean Gourley explained the system can also evaluate textual content and write a summary.

“It permits you to automate the human reading and writing tasks that would normally be pretty high priced to carry out,” Gourley reported.

“When you do deploy these issues at scale throughout all of the files that you have as an organization or an business, you’re going to see designs and buildings inside that details that individual analysts would miss just because they are not hunting at adequate volume of information.”

The Primer platform is readily available in English, Russian, Chinese and Arabic, but is only sold to customers in the United States and its allies presented the nationwide stability applications, Gourley reported.

Just one this sort of use has been pinpointing disinformation campaigns in true time by means of a device studying system that Primer designed for the United States Air Power and Specific Functions Command.

The funding will be utilized to develop Primer’s engineering team and expand the industry. It programs to increase its languages to incorporate Spanish, and will concentrate on the monetary and pharmaceutical industries, claimed Gourley.

The most current funding round was led by undertaking cash firm Addition. Present buyers include things like In-Q-Tel, the Central Intelligence Agency’s enterprise money organization.

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