Thursday, April 11, 2013

Adapx Raises $3M More

Seattle-based Adapx, the developer of software which captures speech, handwriting, and drawings and imports them into Microsoft Office and other software, said Thursday that it has raised $3M in a new round of funding. The funding came from existing investors OVP Venture Partners, Paladin Capital Group, Pelion Ventures, and Northwest Tech Ventures. Adapx said it has been specifically focusing its products on the oil and gas market, and the funds will go towards growing the use of its data capture solutions in that market. Adapx is led by Ken Schneider. More information »