About ClearForest
ClearForest is a company based in Waltham (United States) founded in 1998 was acquired by Thomson Reuters in April 2007. ClearForest has raised $10 million across 2 funding rounds from investors including Thomson Reuters, Greylock Partners and Walden Venture Capital. ClearForest operates in a competitive market with competitors including Clickup, Cleo, Confluent, Glean and SPS Commerce, among others.
- Headquarter Waltham, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 2 rounds
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Latest Funding Round
$2.5 M (USD), Series A
Apr 19, 2004
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Investors
Thomson Reuters
& 2 more
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Employee Count
Employee Count
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Acquired by
Thomson Reuters
(Apr 30, 2007)
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Funding Insights of ClearForest
ClearForest has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in April 2004. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $2.5M
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First Round
First Round
(01 Oct 2003)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2004 | Amount | Series A - ClearForest | Valuation |
investors |
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| Oct, 2003 | Amount | Series A - ClearForest | Valuation |
investors |
Investors in ClearForest
ClearForest has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Thomson Reuters, Greylock Partners and Walden Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm specializing in early-stage tech investments and founder support.
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Founded Year | Domain | Location | |
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Seed and early-stage investments are focused on US companies.
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Founded Year | Domain | Location | |
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Cloud-based legal management and data services are provided for businesses.
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Founded Year | Domain | Location |
Investments & Acquisitions by ClearForest
Financial Statements - ClearForest
Clearforest Comparisons
Competitors of ClearForest
ClearForest operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clickup, Cleo, Confluent, Glean and SPS Commerce, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud based project management platform
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| domain | founded_year | HQ Location |
Cleo is recognized for providing supply chain integration solutions.
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| domain | founded_year | HQ Location |
Cloud based data streaming analytics and governance platform
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| domain | founded_year | HQ Location |
Cloud-based platform for enterprise search
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| domain | founded_year | HQ Location |
Software suite solutions for retail supply chain are provided.
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| domain | founded_year | HQ Location |
Enterprise social networking platform
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Latest news on Clearforest
Frequently Asked Questions about ClearForest
ClearForest was founded in 1998 and raised its 1st funding round 5 years after it was founded.
ClearForest is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
ClearForest is a funded company, having raised a total of $10M across 2 funding rounds to date. The company's 1st funding round was a Series A of $7.5M, raised on Oct 01, 2003.
ClearForest provides a SaaS platform for text analytics and text mining solutions. It offers several hosted solutions, including OpenCalais, a free web service and open API for commercial and noncommercial use that enables automatic metadata generation using the companys financial module. Semantic Web Services makes an on demand service that makes its natural language processing tools available as a standard web service.
ClearForest's top competitors include Clickup, Confluent and SPS Commerce.
ClearForest has 3 investors. Key investors include Thomson Reuters, Greylock Partners, and Walden Venture Capital.