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Adapx Adds $5 Million Equity Venture Capital

Monday, May 23, 2011 5:36:00 AM PDT | VentureDeal Staff

   Seattle, Washington  --  IT company Adapx has secured $5 million in a new round of venture capital investment.

Adapx has developed technology that digitizes field personnel handwritten information.

Investors in the financing included OVP Venture Partners, the Paladin Capital Group and Pelion Venture Partners.

The company said it would use the financing to expand its software line for business and military use.

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