Babel Street gains AI, machine learning capabilities
The company will apply Dunami's assets to existing platforms.
Reston-based Babel Street Inc., a web and social media monitoring company, announced Monday it has acquired the intellectual property assets of Overland Park, Kansas-based Dunami, an artificial intelligence and machine learning analysis company.
Financial terms of the transaction were not disclosed.
Babel Street acquired Dunami’s AI and machine learning assets, which automatically illustrate relationships between networks and audiences. The company said in a release that this acquisition will help users identify trends from publicly available information.
“This technology is a natural complement to our features and functionality as well as our diverse data offering,” Babel Street Founder and CEO Jeff Chapman said in a statement. “We are proud to bring our clients these advanced capabilities that will enhance the speed and quality of their decision making.”
The new AI and machine learning components will be integrated into two of the company’s products: Babel X and Babel BOX, used by public relations, crisis management, audience insight, influencer marketing and insider threats professionals.
Founded in 2012, Babel Street offers web and social media monitoring platforms, which currently tracks data in more than 200 languages and can recognize emojis.