BOCA RATON, FL - InfoFinder Search Technologies Inc., a company selling software that helps businesses locate electronic files, has raised $6.68 million of a mixed securities offering aimed at $9 million.
The company is led by former Citrix Chair Edward Iacobucci, who previously oversaw IBM’s development of personal computer tech. He also founded DayJet, an on-demand air taxi services that shut its doors in 2008.
The company’s website notes that according to the IDC report “The high cost of not finding information” by analyst Susan Feldman, average knowledge workers spends 15% to 35% of their workday searching for information.
InfoFinder says its product is a search system enabling you to find ANY text content from documents, databases, spreadsheets, presentations, PDF files, e-mails, attachments, scanned documents and any other text content file.
nfoFinder AS was established in Trondheim, Norway, in 2000 to help bridge the silos where information resides. The company says its mission then is the same as it is today: to make company data located behind-the-firewall instantly and securely accessible – regardless of what it is, where it is located or who needs it.
Its product is used by more than 20,000 individuals across 300 private and public sector organizations on a daily basis in Norway, Sweden, Denmark, Spain and the United States.
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