Cognizer Launches Publicly with the Industry’s Most Accurate Natural Language Understanding Artificial Intelligence Platfor...
07 Février 2019 - 6:01PM
Business Wire
Cognizer’s “Corporate Brain” will be Integrated
into an Enterprise’s Data on the Enterprise Content Platform of
Box, Inc.
Company Closes Initial Funding Round from
Technology Focused Private-to-Public Equity (PPE)™ Firm
GigFounders, LLC
Cognizer, the inventor of the first Deep Learning Corporate
Brain, announced today that it has publicly launched activities
after closing its initial Mentor-Round™ led by GigFounders, LLC
(www.GigFoundersGlobal.com). Terms of the investment were not
disclosed.
The funding is being used to both launch Cognizer’s Early
Adopters Program and to initiate the integration of the Cognizer
Corporate Brain with the Box, Inc. (NYSE: BOX) Enterprise Content
Platform.
Industry’s First Corporate
Brain
Cognizer’s Corporate Brain will behave like a virtual assistant
that will constantly be assisting employees, whether in meetings or
in-person conversations, to deliver a totally personalized
experience. It does so by scrolling through files, email, and other
digital content and building a semantic graph. It is the industry’s
top Natural Language Understanding Platform with over 96.7%
accuracy on the Penn Bank Test(1).
The Platform is based on a sophisticated Deep Learning Network
and massively scalable, distributed Unstructured Information
Management Architecture (UIMA) pipeline. The system has pre-learned
important informational corpuses, including Wikipedia, Wikidata,
The CIA World Factbook, Freebase, and Word Net. It can ingest vast
amounts of corporate content, including document files in file
systems, email, meeting transcriptions, and websites.
Cognizer has three user applications: Brain Bot - a complex
Q&A system; Brain Board - a unique real-time research
assistant; and Brain Base - a Wiki-style knowledge management
system.
“Cognizer has created the most accurate natural language
understanding platform, boasting an industry leading 96.7%
accuracy. If Cognizer reads the information, it knows it forever
and provides immediate recall,” said Jack Porter, Co-Founder and
CEO of Cognizer. “We believe our Corporate Brain is a game changer
for innovative knowledge driven companies and the next advancement
in the deployment of Artificial Intelligence and Machine Learning
technology into the enterprise.”
“The technology behind Cognizer will revolutionize the way large
enterprises work with information. With Cognizer, it is not store
and forget, it is read and provide value continuously. Having the
privilege of meeting with the top industry technologists and
reviewing hundreds of exceptional technology ideas, we found Jack
to be an Artificial Intelligence and Machine Learning futuristic
thought leader. I am convinced the Cognizer concept and technology
is a unique and exceptionally sophisticated game-changing product.
We are grateful for the opportunity to participate in this
fantastic opportunity,” said Dr. Avi Katz, Managing Member of
GigFounders, LLC and Executive Chairman of Cognizer.
Initial Deployment through the
Enterprise Content Platform of Box, Inc.
The Box.com Enterprise Content Platform is a sophisticated
enterprise content management system. Box has 280,000 companies
using the platform with over 44 million users. 99% of the Fortune
500 Companies use Box and there is currently over 4 billion monthly
content interaction on the Box system. Cognizer will read any
content submitted to Box and the security and privacy of the
content is tightly controlled.
About GigFounders, LLC
GigFounders, LLC, (GigFounders) is an investment group founded
by Dr. Katz, and is led by a team of technology industry experts
and entrepreneurs who offer financial and executive operational and
mentoring advisory services to private companies looking to
accelerate their path from inception into their growth-stage by
leveraging GigFounders “Private-to-Public Equity (PPE)™”
methodology.
GigFounders is also the founder and Managing Member of
GigAcquisitions, LLC, which is the sponsor of GigCapital, Inc.
(NYSE: GIG) a PPE company, also known as a Blank-Check
Special-Purpose-Acquisition-Company (SPAC).
Dr. Katz, and advisors and other team members of GigFounders,
led and participate in the Mentor- Round™.
Private-to-Public Equity (PPE) and Mentor Round are trademarks
of GigFounders, LLC.
(1) The Penn Bank Test is a standard industry test for
optimizing Natural Language Understanding platforms
About Cognizer
Cognizer is a Corporate Brain based on the industry’s top
Natural Language Platform. The Company is led by AI veterans Jack
Porter and Soundar Velu. Cognizer is planning to launch its
exclusive Early Adopters Program in July of 2019 to enterprises
that use Box.com’s Enterprise Content Platform. For Additional
information, please visit www.cognizer.ai and www.GigFG.com,
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version on businesswire.com: https://www.businesswire.com/news/home/20190207005651/en/
Jack PorterCognizerjack.porter@cognizer.ai
Dr. Avi KatzGigFounders, LLCavi@GigFoundersGlobal.com
GigCapital (NYSE:GIG)
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