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FactSquared Secures New Financing

Data technology company FactSquared Secures New Financing
Credit: factsquared.com

FactSquared announced it has raised a new round of financing led by serial entrepreneurs and investors Mark Walsh and Matt Koll. Following the deal, Walsh will assume the role of executive chairman and take an active role in FactSquared’s business development and go-to-market strategy.

FactSquared, Inc., has created a unique, modular, turnkey platform to transform video, audio, PDFs, images and raw text into highly structured, faceted data automatically.

According to the company, it will use the capital to expand its outreach in the political, corporate, and media fields and to continue development of its platform.