Palo Alto-Based Diffbot Lands $2 Million in Funding from Tech Execs

Palo Alto, Calif. -- Diffbot, a Palo Alto-based creator of visual learning robot technology that lets developers analyze, extract and enhance web content, said on Thursday it has landed $2 million in new funding from several individuals. Investors included Sky Dayton, the founder of EarthLink; Andy Bechtolsheim, co-founder of Sun Microsystems; Joi Ito, director of the MIT Media Lab; Brad Garlinghouse, the CEO of YouSendIt, and other top executives and founders from Facebook, Twitter and Yahoo. Matrix Partners also participated. "This investment… lets us accelerate towards that goal with new hires and expanded resources," said Michael Tung, Diffbot's founder and CEO. The company said its visual-based content extraction technology views and understands web content the same way human beings do. The technology is designed to identify and extract the important objects on any web page using artificial intelligence, computer vision, machine learning and natural language processing.
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