Factery Labs, a search technology company, has developed FactRank technology, which gets real-time feeds and web content for the purpose of providing simple, short answers to user queries.
How FactRank technology Differ ?
Currently if one enters a query into a search engine, the response is a list of blue links. FactRank goes well beyond just delivering links. For each search query the FactEngine extracts facts from recommended pages and builds a FactIndex ranked by authority.
To give an idea of how Factery works, the company put together a simple search engine with a two-column view: one does a search for your query on Twitter and parses facts from any articles linked from those matches and another column offer result from Yahoo Boss.
FactFinder API for Developers
The company has also developed a FactFinder API that can be used to combine data from Twitter and Yahoo BOSS. It works by taking a couple of links and a keyword that you supply, and then building descriptions based on the facts. These are then delivered in either XML or JSON format.
Company Insight
Factery is based in Menlo Park, CA. It was founded in April 2009 by Paul Pedersen and Sean Gaddis, building on their research and experience at Google, Powerset, eBay, & Skype.
In September 2009, Factery announced $1.2 million in seed funding from US Venture Partners, SV Angel, Aydin Senkut, Maurice Werdegar and Frank Caufield.
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