Source link : https://tech365.info/factify-needs-to-maneuver-previous-pdfs-and-docx-by-giving-digital-paperwork-their-very-own-mind/
Tel Aviv-based startup Factify emerged from stealth at present with a $73 million seed spherical for an formidable, but quixotic mission: to deliver digital paperwork past the usual codecs most companies use — .PDF, .docx, collaborative cloud recordsdata like Google Docs — and into the intelligence period.
For Matan Gavish, Factify’s Founder and CEO, this isn’t only a software program improve—it’s an inevitability he has been obsessive about for years.
“The PDF was developed when I was in elementary school,” Gavish informed VentureBeat. “The bedrock of the software ecosystem hasn’t really evolved… someone has to redesign the digital document itself.”
Gavish, a tenured professor of pc science and Stanford PhD, admits that his fixation on administrative file codecs is an anomaly for somebody together with his credentials.
“It’s a very uncool problem to be obsessed with,” he says. “Given the fact that my academic background is AI and machine learning, my mom wanted me to start an AI company because it’s cool. I’m not sure why I’m obsessed and then possessed by documents.”
However that obsession has now attracted a sizeable seed spherical led by Valley Capital Companions and backed by AI heavyweights like former Google AI chief John Giannandrea.
The guess is straightforward the static rigidity of most digital recordsdata has restricted their utility, and a greater, extra clever doc that truly shares its edit historical past and possession with customers as…
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Author : tech365
Publish date : 2026-01-28 18:22:00
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