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Alumni startup Captricity raises $10M Series B round

imagesCaptricity Inc., a Berkeley, CA-based SaaS firm that gives enterprise customers fast and easy access to high quality data, today announced a $10 million Series B round of financing led by Atlas Venture, with Social+Capital also participating.

Captricity was founded by Kuang Chen, whose Ph.D. research in Tanzania and Uganda revealed the need to transform paper-based documents into digital data to improve organizations’ efficiency and service.  Kuang is a UW CSE Bachelors alum, and completed his Berkeley Ph.D. working with UW CSE Ph.D. alum Tapan Parikh and fellow Berkeley faculty member Joe Hellerstein.

Read more here.  Learn about Captricity here.

July 15, 2014