Ephesoft Gets In-Q-Tel Investment to Offer Doc Analytics Platform to Intelligence Community
Summary
Ephesoft and In-Q-Tel have formed a strategic alliance to offer a document analysis platform to the U.S. intelligence community. IQT invested in Ephesoft for the deployment of Ephesoft Universe, which is designed to help organizations utilize unstructured data using the open source Apache Spark data loading technology and Hadoop to cluster multiple PCs, Ephesoft said Tuesday. George Hoyem, an investments partner at IQT, said the Ephesoft technology applies machine learning to extract data from “unsearchable” documents. Ephesoft delivers capture technology designed to help organizations automate and streamline mailroom processing.
Funding
Amount
-
Total raised
Date
May 31, 2016
Announcement date
Investors
-
Lead investors
Company
http://www.ephesoft.com
Funded company
Classifications
industries
No industries detected
applications
Web and Content Management
AskAI Classifications
Labels
Intelligent Document Processing
Enterprise Software
SaaS
Linked Companies
Ephesoft
$10M to $25M