MeaningCloud is the result of a long-standing history in the fields of natural language processing and text analytics. Daedalus S.A. was founded in 1998 as a spin-off of two academic research groups from the Polytechnic University and the Autonomous University of Madrid (Spain) with the aim of providing advanced solutions in the areas of language technology, data mining, web technology and business intelligence.
During its business development, Daedalus has provided solutions to first-rate customers in various industries such as media, telecommunications, government, and financial services and has participated in advanced international R&D projects, gaining a high reputation as an innovative company committed to its customers' success.
As a result of its activity over the years, Daedalus developed its advanced technology in these mentioned areas, which has finally been gathered together in MeaningCloud, a product for text analytics. MeaningCloud was launched in February 2015 as the evolution of a previous product called Textalytics. A subsidiary was started in New York City (MeaningCloud LLC).
In 2015, Daedalus became Singular Meaning, being invested by Sngular, a company with international presence and offices in the United States, Mexico, and Spain.
In 2017, the company was rebranded as MeaningCloud, with branches in Spain and the U.S.