United States : UNDO SOFTWARE raises $1.25M from CAMBRIDGE ANGELS and JAAN TALLINN.
The firm has earlier raised funds from Cambridge Angels, but decided the figures unrevealed so as not to distract from the company's work, which unlike many software startups was producing early revenues.
Tallinn, who is also connected to Cambridge via the Artificial Intelligence (AI) watching station, the Centre for the Study of Existential Risk, said the Undo team and software impressed him, which he wished he could have used when he was creating software.
He noted : "In my career as a developer I'd have loved to have had access to UndoDB, and with software now critical to the world around us, the addressable market for this technology is potentially huge."
2014 Al Bawaba (Albawaba.com) Provided by Syndigate.info , an Albawaba.com company
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|Date:||Apr 30, 2014|
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