Diffbot, a Palo Alto, CA-based platform that structures the world’s knowledge, secured $10m in Series A funding.
The round was led by Tencent and Felicis Ventures, with participation from Andy Bechtolsheim, Amplify Ventures, Valor Capital, Bill Lee, and Georges Harik.
The company intends to use the funds to build the platform.
Led by Mike Tung, Founding CEO, Diffbot is a robot that examines the Web using computer vision and natural language processing, and provides developers with tools to find, extract and understand the objects from any Web page for use in their applications. The technology visually recognizes, reads, understands, and monitors Web pages and components including product pages, news articles, discussions/comments/forums, videos, pictures, and more. Each element of the Web page is extracted, organized, tagged, cross-referenced, and stored as an “object” in the company’s database, called Global Index. To date, the Global Index contains more than 1.2B objects, and is adding roughly 10 million objects per day.
Thousands of developers and businesses use Diffbot APIs to create consumer-friendly applications that use visual interpretation of the Web to re-imagine search, the mobile web and hundreds of other consumer applications.
Customers include Adobe, Amazon, CBS Interactive, Cisco, eBay, Instapaper, Microsoft, Salesforce, Samsung, StumbleUpon.