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Ephesoft Snags $15M For Document Capture, Machine Learning Tools

socalTECH

Laguna Hills-based Ephesoft , a developer of document capture software, has raise $15M in a Series A funding, the company said this week. Ephesoft develops machine learning software which is used to capture, extract, and analyze unstructured content from financial, federal, insurance, mortgage, and healthcare documents. READ MORE>>.

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NantHealth Gets Contract Extension

socalTECH

BCBSNE has been a client of NantHealth since 2010, and is using its NaviNet Open Document Exchange product. Patrick Soon-Shiong, said today that it has received a three-year contract extension with Blue Cross and Blue Shield of Nebraska (BCBSNE). Financial details of the contract extension were not announced. READ MORE>>.

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Docstoc Hits 80,000 Paying Subscribers, 20M Members

socalTECH

Santa Monica-based Docstoc , the online small business documents sharing and download site headed by Jason Nazar, said Tuesday that it has now hit more than 80,000 paying subscribers to the service, and over 20 million members. per month. READ MORE>>.

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RPost Updates Microsoft Outlook Software

socalTECH

Los Angeles-based RPost , the developer of a service to electronically encrypt, capture, and electronically sign documents, said this morning that it has upgraded its software for Microsoft Outlook. The software is used to send encrypted emails, as well as capture proof of email delivery and content for legal reasons.

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Report: LegalZoom Nears IPO

socalTECH

Glendale-based LegalZoom , the online legal documents site which was co-founded by Brian Lee and lawyer Robert Shapiro, is reportedly about to file for its IPO, according to a report today. Reuters, citing sources close to the firm, said the filing is expected in coming weeks. Brian Lee now heads up fashion site ShoeDazzle.

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FileTrek Debuts iPad Tool

socalTECH

Los Angeles-based FileTrek , the developer of software which helps teams to track changes and updates in their projects, data, and documents, said Tuesday that it has released a new iPad application. FileTrek is headed by Dale Quayle, a serial entrepreneur whose last firm, Integrien, was sold to VMware in 2010. The new app is free.

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16 Great Startup Posts from March

SoCal CTO

If I Launched a Startup - The Startup Lawyer , March 17, 2010 Great advice on initial steps of setting up a Startup. 9 Reasons Why Many Smart People Go Nowhere - Life Beyond Code , March 29, 2010 You would have met many smart people who live a mediocre life. There are MANY of them. You might be surprised why this is the case.

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