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

Laguna Hills-based Ephesoft, a developer of document capture software, has raise $15M in a Series A funding, the company said this week. The funding came from Mercato Partners. Joe Kaiser of Mercato joins the company's board with the funding. Ephesoft develops machine learning software which is used to capture, extract, and analyze unstructured content from financial, federal, insurance, mortgage, and healthcare documents. The company was founded by Ike Kavas, and was founded in 2010. More information »