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AlchemyAPI Garners $2 Million Venture Capital Round

Monday, February 11, 2013 5:32:00 AM PDT | VentureDeal
   Denver, Colorado  --  Internet technology company AlchemyAPI has secured $2 million in its Series A venture capital investment round.

AlchemyAPI provides cloud-based and on-premise text analysis infrastructure that helps enterprises integrate natural language processing systems into existing applications.

Access Venture Partners led the round, which included other undisclosed investors.

The company said it would use the financing for its sales, marketing, employee hiring and new service initiatives.

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