SchemaLogic Pumps Up Financing

September 29, 2009

SchemaLogic, according to Northwest Innovation, has raised $1.0 in debt financing. SchemaLogic is a specialist in software and systems that allow an organization to keep its metadata in one repository. The idea is that any enterprise system in the organization can tap into the SchemaLogic repository and, therefore, metadata inconsistency is eliminated or greatly reduced. The firm’s backers, according to the article, include “Artis Capital, Goldman Sachs Group, and Madrona Venture Group.” Total funding is more than $13 million.

Stephen Arnold, September 29, 2009

Written by Stephen E. Arnold · Filed Under Business strategy, Financial, News, Text processing

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Stephen E. Arnold monitors search, content processing, text mining and related topics from his high-tech nerve center in rural Kentucky. He tries to winnow the goose feathers from the giblets. He works with colleagues worldwide to make this Web log useful to those who want to go "beyond search". Contact him at sa [at] arnoldit.com. His Web site with additional information about search is arnoldit.com.

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