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  • January 14, 2004
  • News

Exploit this!

In-Q-Tel, the venture capital arm of the CIA, has signed a development and investment agreement with Kofax to advance technologies for “document exploitation,” the analysis and use of documents to extract actionable information.

Kofax will combine its Ascent information capture platform and Mohomine text classification product to support multilanguage document exploitation activities conducted by national security and other government organizations, as well as state and local law enforcement. The initial In-Q-Tel investment is approximately $350,000 for research, development and productization over the next five years.

The two primary pieces of Kofax technology that will be employed in the In-Q-Tel document exploitation effort are MohoClassifier, which automatically categorizes unstructured documents based on their content, and Ascent, which enables companies to collect large volumes of forms and documents, transform them into useful, retrievable electronic information and deliver it all into a variety of workflow and document management systems.

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