2017-11-24: Beagle, a CCAA investment project, was successfully selected into the Top 100 Red Herring
Red Herring, the most influential investment magazine in Silicon Valley, recently released the list of 2017 Red Herring Top 100 GlobalWinners. The investment project of Zhongguancun Dahe Capital in North America and the first phase project of CAMP (China Canada Joint Venture Camp) Beagle were successfully listed, becoming one of the only two Canadian innovative enterprises in the global top 100 this year.
The Global Top 100 Red Herring Company aims to recognize the most forward-looking and influential technology company in the world this year. Beagle’s winning this award shows that it has been fully recognized by global authoritative investment institutions and media in China and even the world.
According to relevant media reports, Red Herring enjoys the reputation of “Silicon Valley Bible” in the investment community and is regarded as the world’s most famous Internet investment and technology media. It uses a unique perspective and profound insight to analyze and report scientific and technological innovation, financial strategies, industry dynamics, and enterprises and entrepreneurs with potential to promote industry and economic development. Its ranking is also known as the investment vane. The world’s Internet giants Google, eBay, Skype, etc. have all won the Red Herring Award in their early days, and domestic companies such as Alibaba, Baidu, Xiaomi, etc. have also won this award.
Since its inception, Red Herring has been famous for its professional reports on global technological innovation enterprises, entrepreneurs and leaders. Each year, it will select the most promising technology top 100 companies among private unlisted enterprises in North America, Europe, Asia and other regions for recognition. The selection criteria are very strict. The organizers used nearly 20 selection criteria to analyze the shortlisted companies, including social influence, brand influence, financial performance, innovation, management level, etc. Since its inception, Red Herring has never accepted sponsorship in order to avoid conflicts of interest. Therefore, the process of openness, fairness and equity has attracted innovative enterprises around the world to aspire to this highly valuable award.
Beagle was founded in 2014. The founder, Cian O’Sullivan, is a completely self-taught lawyer and computer technology expert. The company applies machine learning and natural language processing technology to document review, which can help enterprises effectively and accurately process various professional contracts and legal documents. For many enterprises, document review based on risk and compliance management is extremely time-consuming and laborious, and the related costs are also rising. And AI is changing all that. With the development of artificial intelligence technology, the application of document review is gradually increasing. Beagle, a start-up from Kitchener, Canada, is undoubtedly in the forefront of the world.
Now, with the help of machine learning and natural language processing technology, Beagle can establish the relationship between document information and regulatory systems through semantic analysis, and carry out corresponding cooperative reviews, reminders and instructions, report generation, etc. according to the company’s workflow. Beagle has become a world leading human intelligence document processing system company.
Beagle was successfully shortlisted for the first phase of CAMP (China Canada Joint Venture Camp). Together with the founders of nine other Canadian start-ups with great development potential, Beagle visited Beijing for 15 days and visited Tencent, Baidu, Xiaomi, Sohu, Microsoft, APUS, Zendi and other well-known companies.
CAMP is an international virtual accelerator program jointly sponsored by the Haidian Park Management Committee of Zhongguancun Science Park, OCE (Canadian Ontario Center of Excellence), CCAA (China Canada Angel Alliance) and Zhongguancun Dahe Capital. It aims to actively advocate innovation, entrepreneurship and cooperation exchanges with a global perspective, build an exchange and cooperation platform for investors and entrepreneurs from China and Canada, practically promote scientific and technological innovation cooperation and entrepreneurial culture exchanges between China and Canada, create an international innovation and entrepreneurship ecosystem, and serve the international lifestyle of innovation and entrepreneurship. So far, two sessions have been successfully held.