It's been a while since I posted about what my stealth venture, Radar Networks, is working on. Lately I've been seeing growing buzz in the industry around the "semantics" meme -- for example at the recent DEMO conference, several companies used the word "semantics" in their pitches. And of course there have been some fundings in this area in the last year, including Radar Networks and other companies.
Clearly the "semantic" sector is starting to heat up. As a result, I've been getting a lot of questions from reporters and VC's about how what we are doing compares to other companies such as for example, Powerset, Textdigger, and Metaweb. There was even a rumor that we had already closed our series B round! (That rumor is not true; in fact the round hasn't started yet, although I am getting very strong VC interest and we will start the round pretty soon).
In light of all this I thought it might be helpful to clarify what we are doing, how we understand what other leading players in this space are doing, and how we look at this sector.
Indexing the Decades of the Web
First of all, before we get started, there is one thing to clear up. The Semantic Web is part of what is being called "Web 3.0" by some, but it is in my opinion really just one of several converging technologies and trends that will define this coming era of the Web. I've written here about a proposed definition of Web 3.0, in more detail.
For those of you who don't like terms like Web 2.0, and Web 3.0, I also want to mention that I agree --- we all want to avoid a rapid series of such labels or an arms-race of companies claiming to be > x.0. So I have a practical proposal: Let's use these terms to index decades since the Web began. This is objective -- we can all agree on when decades begin and end, and if we look at history each decade is characterized by various trends.
I think this is reasonable proposal and actually useful (and also avoids endless new x.0's being announced every year). Web 1.0 was therefore the first decade of the Web: 1990 - 2000. Web 2.0 is the second decade, 2000 - 2010. Web 3.0 is the coming third decade, 2010 - 2020 and so on. Each of these decades is (or will be) characterized by particular technology movements, themes and trends, and these indices, 1.0, 2.0, etc. are just a convenient way of referencing them. This is a useful way to discuss history, and it's not without precedent. For example, various dynasties and historical periods are also given names and this provides shorthand way of referring to those periods and their unique flavors. To see my timeline of these decades, click here.
So with that said, what is Radar Networks actually working on? First of all, Radar Networks is still in stealth, although we are planning to go beta in 2007. Until we get closer to launch what I can say without an NDA is still limited. But at least I can give some helpful hints for those who are interested. This article provides some hints, as well as what I hope is a helpful tutorial about natural language search and the Semantic Web, and how they differ. I'll also discuss how Radar Networks compares some of the key startup ventures working with semantics in various ways today (there are many other companies in this sector -- if you know of any interesting ones, please let me know in the comments; I'm starting to compile a list).
(click the link below to keep reading the rest of this article...)