Bitext offers a unique approach to the market of text analysis. The idea was conceived in 2007. The idea was to provide the market a new tool designed by linguists to achieve better results than those that were commonly expected when machines read human texts. Being one of the first players in the market allowed Bitext to be aware of the new market trends and design the best solutions for our clients to help them achieve their goals.
The idea came from our previous experience in the field; the founding team discovered that enterprises appreciated linguistics. Bitext started as consulting firm before making the transition into a software one.
Because of their backgrounds: Linguistics and Computing our funding team was able to detect the needs of the market and offer the best accuracy in Text Analysis.
In 2013 the company grew exponentially and started its internationalization, mainly focused in the US Market. As a result, 80% of our current revenue comes from international projects, primarily from working with our clients in the Silicon Valley Area.And as a result of the company’s growth in 2016, we opened a new office in San Francisco.
One year later, in 2014, Bitext raised its first funding round securing 900.000 USD in seed money from our now supporters of Inveready.
At present, Bitext headquarters are located in Madrid – Spain, a unique location to target European and American Markets.
José Echegaray 8 , building 3, office 4
Parque Empresarial Las Rozas
28232 Las Rozas
1700 Montgomery Street, Suite 101