The seed money which is often known as startup capital will be plenty for Topincmarks. The company, which extracts significant information from text documents with the help pf semantic text technology, has received a hefty seed funding from the founder of Mint.com Aaron Patzer.
The Mint founder who sold his company to Intuit for a deal of $170 million has been noticed to advocate about Topicmarks at length. He has been observed to state flowery words about the company asset up and its employees working presently. Patzer said that for the last 3 years the tech company has made steady development and has also appreciated the team of talented engineers working there. He has also studied the algorithm that drives the semantic text technology and has found it impressive.
Now what is behind semantic text technology that has attracted Patzer so much? The technology is responsible for uploading a document and then analyzing to create a CliffsNotes version. It will include complete summary and the key pints of the document along with keywords and important points. The company is in a startup phase but the technology used by it is quite strong as it can read a document f any type easily. It is supposed that the technology can be later used to refine the information of RSS feed, overflowing mail inboxes and social streams. The technology developed is surely a brilliant one and with the seed funding from Patzer it will get an I impressive boosting to sharpen the technology further.
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