DeepDyve

DeepDyve, Inc. operates as a technology company in Silicon Valley, offering a literature management platform for the research community. Founded in 2005 by bioinformatics scientists Qianjin Hu and Tom Tang, the company was initially established as Infovell. The founders' background in mapping the human genome inspired the company's proprietary KeyPhrase algorithm. Their frustration with the high cost and inconvenience of accessing peer-reviewed journal articles led to the creation of the DeepDyve Digital Library Platform.

William "Bill" Park joined as CEO in 2008, bringing extensive experience from his time at Acxiom Corporation and as the founder and CEO of Digital Impact, a company he took public in 1999 and sold to Acxiom in 2005. His leadership has been pivotal since the beta launch of the company's rental service in 2010. A notable milestone includes Apple co-founder Steve Wozniak joining the advisory board in 2009.

The company's business model centers on providing affordable access to a vast repository of scholarly and scientific articles through subscription-based and rental services. Revenue is generated via monthly and annual plans, which offer an "all-you-can-read" streaming service for articles, as well as the option to purchase and download individual papers. This model primarily serves researchers, scientists, and small-to-medium-sized organizations that are not affiliated with large academic or corporate libraries but require access to authoritative research. DeepDyve's client base includes a range of businesses from startups to Fortune 500 companies.

DeepDyve's core product, LitHub, is an end-to-end literature management solution. The platform provides access to over 150 million research papers, including 35 million full-text paywalled articles available for streaming and 25 million open-access papers. Key features include advanced search and discovery integrated with databases like PubMed and Google Scholar, reference management tools, and personal and centralized storage for unlimited PDFs. The platform also incorporates an AI Research Assistant, powered by OpenAI and Anthropic Claude, which allows users to chat directly with documents and receive footnoted summaries. For enterprise clients, DeepDyve offers features like a cloud repository for proprietary PDFs, collaboration tools for sharing and group literature reviews, and centralized article purchasing with duplicate detection to manage costs.

Keywords: literature management, scholarly articles, scientific research, academic journals, research platform, reference management, literature access, bioinformatics, William Park, Qianjin Hu, Tom Tang, LitHub, AI research assistant, peer-reviewed articles, document rental, scientific information access, enterprise literature management, research collaboration, article streaming, pay-per-view articles, literature database, research tools, knowledge management, scientific publishing, information retrieval