Oxford Semantic Technologies Limited

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Oxford Semantic Technologies Limited - overview

Established

2017

Location

Oxford, -, UK

Primary Industry

Software

About

Oxford Semantic Technologies Limited, based in the UK, specializes in advanced knowledge representation and reasoning technologies, particularly through its innovative RDFox platform for data analysis and insights generation. Founded in 2017 in Oxford, UK, Oxford Semantic Technologies develops RDFox, a cutting-edge knowledge-based reasoning engine. The company has undergone strategic developments to enhance its technological offerings. Co-founded by Adam Parr, Bernardo Grau, Ian Horrocks, and CEO Peter Crocker, they have secured a total of GBP 3.


000 mn through funding, with their latest Series A round led by Samsung Venture Investment on July 16, 2024. In July 2024, Samsung Electronics Company, Limited acquired Oxford Semantic Technologies from its investors, including Oxford Sciences Enterprises and the University of Oxford, though financial terms remain undisclosed. Oxford Semantic Technologies specializes in the development of RDFox, a knowledge-based reasoning engine and knowledge graph technology derived from extensive research in Knowledge Representation and Reasoning (KRR). RDFox functions as a high-performance in-memory database that enables users to store and analyze vast amounts of data, specifically tailored to deliver rapid and accurate insights across various sectors.


The core product offers advanced reasoning capabilities, allowing for real-time deductions based on factual data, which aids in applications such as semantic search, regulatory compliance, complex product configuration, and autonomous systems. The company's client base includes industries such as financial services, healthcare, manufacturing, and retail, with customers leveraging RDFox to address challenges such as compliance with regulations and optimizing product recommendations. RDFox is marketed globally, serving clients in North America, Europe, and Asia-Pacific, among other regions. The revenue model for Oxford Semantic Technologies is primarily based on subscription services for their RDFox platform, which accommodates various business needs across different sectors.


Clients typically enter into agreements for access to the RDFox technology, with potential options for tiered pricing based on the scale of data processing and the complexity of analytical tasks required. Revenue is generated through direct business-to-business transactions, where companies subscribe to RDFox's services to enhance their data processing capabilities and decision-making processes. The company also provides additional support services, including access to expert knowledge engineers, which further contributes to its revenue. Specific pricing details for these subscription plans are aligned with the unique requirements of each client, reflecting the customizable nature of RDFox offerings.


Following the acquisition by Samsung Electronics Company, Limited in July 2024, Oxford Semantic Technologies aims to advance its RDFox platform's capabilities and further integrate its knowledge graph technology within Samsung's ecosystem. Plans include developing new products that enhance artificial intelligence applications and targeting expansion into additional geographic markets, particularly in Asia-Pacific and North America by 2025. The recent funding will support these initiatives, facilitating further advancements in technology development and market penetration strategies.


Current Investors

Oxford Sciences Enterprises

Primary Industry

Software

Sub Industries

Systems Management Software, Application Integration Software

Website

www.oxfordsemantic.tech

Verticals

Artificial Intelligence, Big Data, Cloud Computing, Mobile Apps

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Oxford Semantic Technologies Limited - employee data

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