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Expert System raises $29.4 million for AI text extraction and analysis

Venture Beat

Enterprise natural language processing (NLP) technologies vendor Expert System today secured $29.4 million in funding, $20 million of which came from institutional investors, with the remaining $9.4 million from the exercise of shareholder rights. The company will use the funds to accelerate growth in the U.S. and develop new tools supporting the creation of AI-driven natural language solutions.