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ABBYY is a Milpitas, California based enterprise software company that develops artificial intelligence, optical character recognition, and process mining technologies to digitize documents and automate complex business workflows. The organization operates globally with a workforce of approximately 1,000 employees and serves a diverse client base of over 10,000 enterprise customers across the financial services, insurance, healthcare, and logistics sectors. Historically reaching over 40 million individual users, the company provides software as a service subscriptions, enterprise licensing, and developer APIs to facilitate intelligent document processing and unstructured data extraction. ABBYY is backed by majority investor Marlin Equity Partners and has expanded its broader technological ecosystem through strategic initiatives like the Yva.ai spinoff and its historical development of Cybiko hardware. The software company was originally founded under the name BIT Software in 1989 by entrepreneurs David Yang and Alexander Moskalev.
Key people at Abbyy.
ABBYY's platform incorporates artificial intelligence (AI), optical character recognition (OCR), and machine learning to facilitate intelligent document processing and process mining.
ABBYY's platform incorporates artificial intelligence (AI), optical character recognition (OCR), and machine learning to facilitate intelligent document processing and process mining.
Abbyy has 1 tracked investment across 1 company. The latest tracked deal is $3.0M Seed in Findo in June 2016.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2016 | Findo | $3.0M Seed | Abbyy | — |
Key people at Abbyy.
