Boston, MA – According to filings with the U.S. Securities and Exchange Commission, Indico Data is raising $22,159,836.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Tom Wilde played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Indico Data

Since our founding in 2014, we’ve been on the forefront of innovation in Enterprise AI with a deep learning technique known as Transfer Learning, an approach perfectly suited to the challenges of unstructured content. We’ve focused our efforts on lowering the barriers to entry for AI and accelerating enterprise success by requiring less data, time, expertise, and investment to get real business results. Major enterprises have enthusiastically embraced the automation imperative, but to date most solutions only focus on structured data. However, by some estimates unstructured data text, documents, emails, images, etc. make up as much as 80% of the content within the enterprise. This content is often the bedrock of critical business processes. Indico’s unique and powerful technology innovation is the perfect answer to this problem. Our customers capture huge improvements quickly and easily, enabling them to turn process into profit.

To learn more about Indico Data, visit http://www.indico.io/

Contact:
Tom Wilde, Chief Executive Officer
781-540-8582
tom@indico.io
https://www.linkedin.com/in/tomwilde/

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