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Axis Technical Welcomes New Round of Investment for Intelligent Document Classification Software - The significant round of investment will allow for rapid expansion of the company’s advanced document classification and data extraction offering and its capacity to meet the overwhelming demand
Axis Technical Welcomes New Round of Investment for Intelligent Document Classification Software

 

NewswireToday - /newswire/ - Anaheim, CA, United States, 2014/04/08 - The significant round of investment will allow for rapid expansion of the company’s advanced document classification and data extraction offering and its capacity to meet the overwhelming demand.

   
 
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Axis Technical Group, a global business technology advisor to industry-leading companies in real estate, healthcare and financial services, is pleased to announce the closing of the first major funding round for its Advanced Intelligent Document Classification and Data Extraction solution Axis AI (Artificial Intelligence). The investment is being put to immediate use in order to rapidly scale up to meet the current demand for Axis AI and the operational delivery team behind it. Leveraging patent pending algorithms and advanced natural language processing (“NLP”) technology, Axis AI reads and derives the meaning from any type of electronic content and is capable of processing millions of documents in a very short period of time. Axis AI enables companies to eliminate and/or significantly reduce manual document preparation, classification and hand keying of information while dramatically reducing the time and effort required to conduct this work.

“This is an exciting time for Axis Technical Group,” says CEO Greg Lovett. “Ours is an ever-changing market, and to increase our share and presence in the field, we recognize the need to continually respond to and fulfill customer demands as rapidly as possible. This funding round will provide the resources required for our Axis AI initiatives, and to meet the needs of current and new customers, both now and in the future.”

About Axis Technical Group

Axis Technical Group (axistechnical.com) is a global business technology advisor to leading companies in the real estate, healthcare, and financial services industries. Fast, fluid and focused, our global team provides unmatched technical and business expertise. Coupled with our advanced intelligent classification and data extraction software offering, Axis AI, Axis empowers companies to rapidly access and transform their data into actionable business intelligence. It’s not just about the technology it’s what we can do for your business.

 
 
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Written by / Agency / Source: Axis Technical Group

 
 

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Axis Technical Welcomes New Round of Investment for Intelligent Document Classification Software

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Publisher Contact: Leticia Miranda - AxisTechnical.com 
714-491-2636 info[.]axistechnical.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Axis Technical Group securities in any jurisdiction including any other companies listed or named in this release.

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