Briefs

Clarabridge Will Penetrate New Markets, Enhance Operations and Continue Innovation with Financing Round

January 23, 2007 RESTON, Va.--(BUSINESS WIRE)--Clarabridge, a text-mining software company, today announced that it has secured $7.2 million in funding. Intersouth Partners led this round, with participation from all of Clarabridge’s previous investors. Clarabridge will use the new financing to boost sales and marketing operations, broaden customer service and support capabilities and continue to innovate product functionality to better serve existing and new vertical markets.

Clarabridge provides quick-to-implement, simple-to-use software solutions that enable companies for the first time to analyze unstructured information (such as comments and complaints from web blogs and call-center notes) alongside structured transactional information. Customers use Clarabridge’s products to more quickly and precisely detect customer needs, issues and opportunities and, ultimately, better serve their own customers. Clarabridge’s Content Mining Platform™ (CMP) solution works seamlessly with an enterprise’s deployed business intelligence (BI) tools and demands no additional training of a customer’s business users.

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