Alchemy API Raises $2 Million For Neural Net Analysis Tech, On Par With IBM Watson, Google

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http://techcrunch.com – Alchemy API has raised $2 million to extend the capabilities of its deep learning technology that applies artificial intelligence to read and understand web pages, text documents, emails, tweets, and other forms of content. Access Venture Partners lead the Series A round, which the company will use to ramp up its sales and marketing, make hires and launch new services. Founder and CEO Elliot Turner says its natural language processing technology is used in vertical markets such as financial services, which uses Alchemy’s technology to analyze text and search for signals from the data i (IT news)