Launched at a TechCrunch event in London April this year, the semantic web software iGlue is set out to make sense of the information overload, describing itself as “the superglue of the Net”.

iGlue, seeks to enhance the user experience on the web – helping people to understand all the information out there but also helping the internet “understand us and adapt to us”.

According to the technology blog TechCrunch, iGlue “creates an additional information layer over web pages by using natural language technology to understand its content.”

This allows iGlue to move away from the traditional language-dependent search mechanisms and kewords towards entities. One-directional hyperlinks are replaced with the ‘hyperdata’ model, where different elements of syntactic value are linked, creating “an information-rich junction”.

“The user community can also add their own entries and data, potentially turning any website into a Wikipedia-like resource, hence the “wikify the web” description offered by CEO Péter Vaskó”, TechCrunch wrote.

The Budapest-based company behind iGlue, called in4, has recently raised a further $550 000 from an unnamed private investor and is now estimated to be over $5.5m in its value.

Source: TechCrunch