Friday, May 20, 2011

Adapx Raises $5M

Seattle-based Adapx, which develops digital pen capture software, is announcing this morning that it has raised $5M in a new venture funding round. The round include existing investors OVP Venture Partners, Paladin Capital Group, and Pelion Venture Partners. The firm said the funding comes as it has just passed the 800 customer mark. Adapx develops digital pen capture software which is used by companies to capture data; the firm's Capturx software works with such products as Microsoft Office, SharePoint, ArcGIS, and various ERP and CRM systems. More information »