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Venture Capital
by tj on March 13, 2006
"ScanR, which provides a service enabling camera phones and digital cameras to scan, copy and fax, announced today that it has obtained $4.65 million in funding.
The Series A financing was led by Trinity Ventures, and Thomvest International joined in the round. Other investors included Don Listwin, former President and CEO of Openwave Systems, and James Joaquin, current CEO of Xoom.com and former CEO of Ofoto.
scanR is targeting the $35 billion scan, copy and fax industry with a mobile solution that utilizes devices that are already in nearly every household-camera phones and digital cameras. Using scanR, converting paper and other physical information into useful digital information is as simple as taking a photo with a camera phone or digital camera and sending it to scanR. scanR's proprietary image processing and data refinement technologies deliver a simple, fast and reliable way to capture and organize information digitally."
Permalink: ScanR with $4.65 million Series A
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/18180
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