PureDiscovery Lands Series C Financing

  • Feed Type
  • Date
    9/12/2013
  • Company Name
    PureDiscovery
  • Mailing Address
    2130 Commerce St. Dallas, TX 75201
  • Company Description
    PureDiscovery’s BrainSpace is reinventing the art of information discovery for Publishers and their subscribers. The unique platform enables Publishers to transform their content sources into dynamic machine intelligences—Brains—that semantically connect users to relevant information, wherever it resides.
  • Website
    http://www.purediscovery.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Series C
  • Proceeds Purposes
    Building off of PureDiscovery’s proven track record of success delivering eDiscovery solutions to the legal industry, the company will deploy the new capital to enhance their legal offering and target additional vertical markets through the continued development of its breakthrough core technology. The funding will also be leveraged to expand PureDiscovery’s sales force and enhance its marketing of the strategic benefits of PureDiscovery’s solutions.
  • M&A Terms
  • Venture Investor
    Medina Capital Partners
  • Venture Investor
    Undisclosed