Vision Critical Discovers DiscoverText in Acquisition
January 23, 2013
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VC-backed Vision Critical Communications has acquired DiscoverText, a provider of cloud-based text analytics applications and natural language processing software. Vision Critical is a Vancouver, B.C.-based market research specialist backed by OMERS Ventures (who funded a $20 million round for the company in August 2012), TELUS Ventures and Wellington Financial. By integrating DiscoverText’s technologies, Vision Critical hopes to “automate the organization and classification of hundreds of thousands of text records more efficiently and accurately than ever before, yielding better, faster decision making for its Insight Community clients.”
