in4, Ltd., a Budapest-based developer of a flexible database that contains semantic elements, entities, and their relations, called iGlue, completed a $550,000 Series B round of financing.
The new funds, provided by an accredited private investor, will be used to launch iGlue‘s automated and hand annotation tool and to complete additional feature development work.
iGlue is a collaboratively developed database that contains semantic elements, entities, and their relations. It displays database entities via an automated annotation process that recognises text elements in any web page. Annotated entities become clickable junction points on which iGlue presents value added information in a rich media environment.
in4, Ltd. was created in 2007 in collaboration with Power of the Dream Ventures, Inc., a leading technology holding company.