Today, Nara Logics Inc., a company that solves the problem of web search
by crafting a more personalized and liberating Web, announced the launch
of the company and $4 million in Series A funding to build Nara,
a next-generation personal Internet platform. Starting with restaurant
recommendations, Nara’s innovative platform analyzes the structure of
the Web in a way that has never been done before, filtering information
based on personal preferences and interests. Nara is currently in beta
but available for testing at www.nara.me.
“Nara is all about ‘finding,’ not searching,” said Thomas Copeman, chief
executive officer and founder of Nara. “The Internet should work for you,
not the other way around. I started Nara based on the belief that we
can all achieve a life well found. By creating the category of finding,
we hope to push humanity towards discovering a greater understanding of
what excites us and connects us back to the real world.”
The Company and People Behind Nara
The Nara team is a collective of computer scientists, creative artists,
neuroscientists, astrophysicists, and technology and Internet veterans.
Board members and advisors include senior executives from companies such
as Expedia, Intuit, and Sprint.
Nara has been in stealth mode since it was founded in 2010 by Thomas
Copeman, a creative visionary and serial entrepreneur who has helped
build brands such as lululemon athletica and BodyGlide. His passion lies
in developing brands and products that create new categories, challenge
existing boundaries, and improve your life.
Nara’s chief technology officer, Dr. Nathan Wilson is a computer and
neuroscientist who has dedicated his career to understanding new models
of computation based on the architecture of the brain. With a doctorate
in brain and cognitive sciences from MIT, and a master’s degree in
computer science and artificial intelligence from Cornell, Nathan
conceived and built the Nara Neural Network. This complex algorithm
closely mirrors a human brain in terms of information gathering and
decision-making and is the underlying framework responsible for driving
the technology inside of the Nara platform.
To date, Nara has raised $4 million in Series A funding led by Peter de
Roetth and other angel investors to solve the problems associated with
searching the Web today.
“I invested in Nara because I understand the problem that they’re trying
to solve and see tremendous market potential,” said Peter de Roetth,
president of Account Management LLC and Nara investor.
“We’re entering the next phase of the Web in which intelligence, both
human and artificial, must work together to deal with the accumulation
of raw data that’s beginning to overwhelm us.”
The Science Behind Nara
“With Nara’s brain-like learning algorithm, we’re able to transform the
search process so that the computer can identify and organize things on
the web that are more relevant to you,” said Nathan Wilson, chief
technology officer of Nara. “Our patented, personalized Internet
platform is truly unprecedented in the market and represents a new
direction for machine intelligence compared to some earlier approaches.”
Nara is building a fully automated engine for organizing the web’s
information as the human brain does it. This allows Nara to understand
people’s preferences, like a human would, and then provide them with
personalized recommendations using “Digital DNA™.” By expanding this
process across a growing number of lifestyle categories, Nara hopes to
offer a new type of interface, where computers help people explore their
world, make decisions, and take action – replacing blind search with
conscious discovery.
About Nara
Founded in 2010, Nara Logics Inc. solves the problem of Web searching
through a next-generation personal Internet platform that automates,
personalizes, and curates the web for people. Based in Cambridge, Mass.,
Nara’s mission is to build a more personal, actionable and liberating
Web to achieve a life well found. Founded by Thomas Copeman, Nara has
raised $4 million in Series A funding backed by angel investors and led
by Peter de Roetth. Find Nara online at: www.nara.me
and on social channels at: www.twitter.com/nara__me
and www.facebook.com/pages/Narame/297994220245669.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50323123&lang=en

Source(s) : Nara Logics Inc.