Tuesday, July 15, 2008

Adapx , the company that is changing the way teams collaborate and collect data in the field announced a strategic investment from In-Q-Tel

What Company Is Offering:
Adapx is changing the way teams collaborate and collect data with software that digitally enables paper-based maps, designs, notes, and forms for use with digital pens. A broad range of industries and agencies use Capturx products to capture actionable intelligence in any environment and make better decisions in less time and with fewer resources. Teams enjoy the natural advantages of collecting data with pen and paper as well as seamless integration into Microsoft Office, CAD, and GIS software, without the delays and expense of processing paper-based data or deploying mobile computers.

How Much They Got From VCs:

Adapx , the company that is changing the way teams collaborate and collect data in the field, announced a strategic investment from In-Q-Tel, the independent strategic investment firm that identifies innovative technology solutions to support the missions of the Central Intelligence Agency (CIA) and the broader Intelligence Community (IC). Adapx will use the additional capital to further enhance and market its Capturx(TM) software solutions for digital pen and paper, to meet the growing need for a better field data management solution in the mapping, design, forms, and note-taking markets.
"Every year, we review hundreds of innovative solutions but select only a small percentage with the superior capabilities that can best serve the critical technology needs of the U.S. Intelligence Community," said Troy M. Pearsall, Executive Vice President of Technology Practices and Insertion at In-Q-Tel. "Adapx's technology dramatically improves the way in which organizations streamline field data collection and dissemination."

More at:www.adapx.com

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