facebook20 twitter20 google-Plus-icon linkedin20

South Florida's LinguaSys Nets Investment from Mark Cuban

Written by David Glass.

220px-Mark_Cuban_Web_2.0_ConferenceBOCA RATON - LinguaSys, an international provider of human language technologies producing highly customized Text Analytics, Translation and Natural Language User Interface software, today announced that hi-tech billionaire, entrepreneur, sports and technology mogul, Mark Cuban, has acquired a significant position in the Company. Cuban owns the NBA World Champion Dallas Mavericks. Terms of the investment were not available in the release.

LinguaSys uniquely analyzes content in its native language, providing human language technologies to some of the world's largest mutual fund companies, commercial banks, hoteliers and government contractors. Its software contextually interprets the meaning and intent of written language in any of LinguaSys' currently supported languages, the result of its proprietary, patent-pending engine, Carabao.

"LinguaSys' unique entry into the world of human language technologies is transforming the way large enterprises can tap into stores of content across language boundaries and conduct global business," said Mark Cuban. "I pride myself on identifying technological breakthroughs, and I'm excited to be backing LinguaSys' matchless offerings."

 

Latest Video

Startup Update: Feathr Views : 46455
Elton Rivas, One Spark 2013 Views : 8189
Mark Heesen, 2013 Venture Capital Outlook Views : 7772
Mindtree Creating 400 Tech Jobs Views : 8667