Copanion Receives $10,200,000 Series B Funding Round

  • Feed Type
  • Date
    10/21/2009
  • Company Name
    Copanion
  • Mailing Address
    One Tech Drive Andover, MA 01810
  • Company Description
    With breakthrough innovations in image processing, biometric pattern recognition, and machine learning technology, Copanion GruntWorx “reads” and classifies data from paper-based forms and PDF files with greater than 90% accuracy. That’s far higher than any previous system. And GruntWorx recognizes a far greater range of tax forms: thousands, not dozens.
  • Website
    http://www.copanion.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,200,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Commonwealth Capital Ventures
  • Venture Investor
    Pilot House Ventures Group