July 27, 2017 at 10:13Google for the Meaning: Startup Node Introduces Platform for Semantic Profiling
Earlier this week, Falon Fatemi, the founder and project manager, spoke about the new investment round. Mark Cuban, a venture capital legend, and a number of foundations (Avalon Ventures, NEA and Canaan Partners) took part in it.
The total investment that Node attracted exceeded $ 16 million. / photo Ryan Van Etten CC At the age of 19, Phalon got a job at Google. At that time, she was the youngest of 3,000 employees (2005). In parallel with this, she received higher education.
The company's job was to develop Google’s business in Europe, the Middle East and Africa. Along with this, Phalon was responsible for supporting YouTube’s strategic partners and held consultations for startups. The expected development of the situation is a successful career in the corporation, but this time everything turned out differently.
The story of Node dates back to 2014 with an analytical experiment. It consisted of collecting and studying statistics that reflected the “effectiveness” of networking. In simple words - the search for business partners among the people whom Falon introduced.
This find prompted Falon to work on his own project. Its task is to scale up this “history” and search for tools that will help you find the most suitable business partners through semantic profiling.
For 2.5 years of working in the "stealth mode" Node "earned" more than $ 100 million for its customers. As an example of collaboration, a startup talks about the help of thousands of marketers and business development specialists representing companies such as BlueJeans Network, Periscope Data, Pagerduty and Outreach.io.
At the moment, it is known that Node plans to focus on three main areas of development for its own platform:
Node has already profiled more than a billion entities and plans to use the platform’s capabilities not only in sales, but also in such areas as dating and finding the most optimal companies for employment.
Other content from The First Corporate IaaS Blog:
The total investment that Node attracted exceeded $ 16 million. / photo Ryan Van Etten CC At the age of 19, Phalon got a job at Google. At that time, she was the youngest of 3,000 employees (2005). In parallel with this, she received higher education.
The company's job was to develop Google’s business in Europe, the Middle East and Africa. Along with this, Phalon was responsible for supporting YouTube’s strategic partners and held consultations for startups. The expected development of the situation is a successful career in the corporation, but this time everything turned out differently.
The story of Node dates back to 2014 with an analytical experiment. It consisted of collecting and studying statistics that reflected the “effectiveness” of networking. In simple words - the search for business partners among the people whom Falon introduced.
She found that the result of more than 85% of acquaintances was investment transactions, long-term cooperation and multimillion-dollar contracts that her colleagues concluded.
This find prompted Falon to work on his own project. Its task is to scale up this “history” and search for tools that will help you find the most suitable business partners through semantic profiling.
For 2.5 years of working in the "stealth mode" Node "earned" more than $ 100 million for its customers. As an example of collaboration, a startup talks about the help of thousands of marketers and business development specialists representing companies such as BlueJeans Network, Periscope Data, Pagerduty and Outreach.io.
At the moment, it is known that Node plans to focus on three main areas of development for its own platform:
- Information search - improving its quality by clarifying the semantic relationships between people, companies and products.
- Personalization - detailing these relationships at the level of an individual and his tasks related to the conclusion of transactions and the search for partners for cooperation.
- Cross-platform - scaling and implementation of technology in various industries.
Node has already profiled more than a billion entities and plans to use the platform’s capabilities not only in sales, but also in such areas as dating and finding the most optimal companies for employment.
Other content from The First Corporate IaaS Blog:
