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document processing

Extend raises $17 million to build ‘document processing cloud’

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Extend, a document processing platform, has raised $17 million in combined seed and Series A funding.

The round was led by Innovation Endeavors, with participation from Y Combinator, Character VC and prominent angel investors including Scott Belsky (former CSO of Adobe), Guillermo Rauch (CEO of Vercel) and Jeff Weinstein (product lead at Stripe).

Kushal Byatnal, co-founder and CEO of Extend, says: “We’ve seen remarkable momentum over the past year, and this funding allows us to double down on our mission of helping ambitious teams unlock the full potential of their unstructured documents. [Read more…] about Extend raises $17 million to build ‘document processing cloud’

Clerical Automation Steps Up A Gear With Agent-Based Systems

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The era of the office might be about to change yet again. Recent advances in clerical processing and software automation have upped the ante, and now many businesses are wondering whether there is any limit to productivity.

Part of this excitement is being driven by so-called “agents” – the next step is autonomous system development. Rather than merely responding to queries, these are being designed to be proactive in the world, helping their owners (i.e., businesses) complete real tasks based on initial instructions.

Experts like to explain this concept as making autonomous systems more human. Agency implies that these solutions can do things by themselves to complete the broader objectives set for them. For example, agents might be able to set up online businesses, including payment systems, without human oversight. [Read more…] about Clerical Automation Steps Up A Gear With Agent-Based Systems