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Company | ReadEasy | ||
|---|---|---|---|---|
| http://www.readeasy.com | ||||
| Founded: | 07/30/2008 | |||
| City: | Sde Boker, Non-US | |||
| Country: | Israel | |||
| CEO: | Uri Avissar | |||
| Founders: | Uri Avissar & Israel Ben Tal | |||
| Category: | Web Apps/Tools/Widgets | Funding: | Seed/Friends & Family | |
| Tags: | dictionary , English, ebooks, | Employees: | 2-5 | |
What does ReadEasy do?
ReadEasy is the next step in the evolution of dictionaries: a proactive and predictive dictionary system.
ReadEasy is a web-enabled platform that enhances the reading experience of any English text by embedding personalized and contextually correct definitions (“Readlets”) next to that text. We currently work with 14 Oxford dictionaries as the source for our Readlets.
The Readlets are tailored to the user’s knowledge level in the topic and language of the text, and are embedded within the document to allow for faster and better reading comprehension.
How are they different?
There are several key differentiators between ReadEasy and any other service-
1. Scope of knowledge- we are dictionary agnostic, so we can work with any dictionary. Currently we work with 14 Oxford dictionaries.
2. Personalization- we create a “knowledge profile” for each user that is used to tailor the word selection and Readlets to the user’s knowledge level.
3. Prediction – we predict the words a user needs to know and does not know within a text.
4. Placement within the text- we embed the relevant Readlet within the margins of the text for easier reading.
1. Scope of knowledge- we are dictionary agnostic, so we can work with any dictionary. Currently we work with 14 Oxford dictionaries.
2. Personalization- we create a “knowledge profile” for each user that is used to tailor the word selection and Readlets to the user’s knowledge level.
3. Prediction – we predict the words a user needs to know and does not know within a text.
4. Placement within the text- we embed the relevant Readlet within the margins of the text for easier reading.
Why could ReadEasy be BIG?
By introducing a better method for dictionary usage, ReadEasy is poised to disrupt dictionary consumption behavior globally.
How they plan to make money:
We have three revenue streams-
1. Print/Download fee for each document we process.
2. White Label service license fee / integration within an existing organization or service.
3. Targeted Advertisements.
1. Print/Download fee for each document we process.
2. White Label service license fee / integration within an existing organization or service.
3. Targeted Advertisements.
Our thoughts:
No thoughts at the moment. Very interesting!
Please visit their website to learn more: http://www.readeasy.com
