private industry market research founded 2004 founder jonathan spier and michael osofsky headquarters mountain view ca usa area served worldwide key people peter caswell ceo mark bowles cto lisa joy rosner cmo dr. wei li chief scientist products netbase insight workbench website www.netbase.com netbase solutions inc. is a mountain view ca based developer of natural language processing technology used to analyze social media and other web content . it was founded by two engineers from ariba in 2004 as accelovation before changing names to netbase in 2008 . it has raised a total of 21 million in funding . it s sold primarily on a subscription basis to large companies to conduct market research and social media marketing analytics . netbase has been used to evaluate the top reasons men wear stubble the products kraft should develop and the favorite tech company based on digital conversations . contents 1 history 2 software and services 2.1 uses 3 external links 4 references history edit netbase was founded by jonathan spier and michael osofsky both of whom were engineers at ariba in 2004 as accelovation based on the combination of the words acceleration and innovation . 1 2 it raised 3 million in funding in 2005 followed by another 4 million in 2007 . 1 3 the company changed its name to netbase in february 2008 . 4 5 it developed its analytics tools in march 2010 and began publishing monthly brand passion indexes bpi comparing brands in a market segment using the tool shortly afterwards . 6 in 2010 it raised 9 million in additional funding and another 2.5 million in debt financing . 1 3 netbase insight workbench was released in march 2011 and a partnership was formed with sap ag that december for sap to resell netbase s software . 7 in april 2011 a new ceo peter caswell was appointed . 8 former tibco co inventor patent author and cto mark bowles is now the cto at netbase and held responsible for many technical achievements in scalability . 9 software and services edit screenshot of netbase insight workbench dashboard netbase sells a tool called netbase insight workbench that gives market researchers and social marketers a set of analytics charts and research tools on a subscription basis . consumerbase is what the company calls the back end that collects and analyzes the data . netbase targets market research firms and social media marketing departments primarily at large enterprises with a price point of around 100 000 . 10 11 netbase is also white labeled by reed elsevier in a product called illumin8 . 12 uses edit for the average netbase user 12 months of activity is twenty billion sound bytes from just over seven billion digital documents . the company claims to index 50 000 sentences a minute from sources like public facing facebook blogs forums twitter and consumer review sites . 13 14 according to a story in informationweek kraft uses netbase to measure customer needs and conduct market research for new product ideas . 15 in 2011 the company released a report based on 18 billion postings over twelve months on the most loved tech companies . salesforce.com cisco systems and netflix were among the top three . 16 also in 2011 netbase found that the news of osama bin laden eclipsed the royal wedding and the japan earthquake in online activity . 17 external links edit netbase corporate site references edit a b c by matt marshall venturebeat . accelovation raises 4m for online software for it market research . december 3 2007 . businessweek profile a b by jon xavier bizjournals . netbase filters social media for what clients need to know . june 3 2011 . by barbara quint information today . elsevier and netbase launch illumin8 . february 28 2008 . the economist . improving innovation . february 29 2008 . by rachael king businessweek . most loved and hated tech companies . darrow barb december 12 2011 . sap taps netbase for deep social media analytics . gigaom . retrieved may 8 2012 . san jose mercury news . people on the move . may 15 2011 . by david f. carr informationweek . how much is your brand loved or hated june 16 2011 . by eric schoenfeld techcrunch . netbase offers powerful semantic indexing platform that reads the web . april 22 2009 . by jon xavier bizjournals . netbase filters social media for what clients need to know . june 3 2011 . by barbara quint newsbreak . elsevier and netbase launch illumin8 . february 28 2008 . by neil glassman social times . what every social media marketer should know about netbase . august 24 2010 . by ryan flinn businessweek . wanted social media sifters . october 21 2010 . by david f. carr informationweek . how kraft foods listens to social media . june 30 2011 . by ryan flinn bloomberg . tech companies measure online sentiment . may 19 2011 . by geoffrey fowler and alexandra berzon wall street journal . social media buzzes comes into its own . may 2 2011 . retrieved from https en.wikipedia.org w index.php title netbase solutions inc. & oldid 678493794 categories 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