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Microblink Secures $60 Million in First Institutional Funding Led by Silversmith Capital Partners

Dec 16, 2020over 4 years ago

Amount Raised

$60 Million

New York

Description

Microblink, a global leader in AI-powered computer vision software, announced today it has closed a $60 million minority investment led by Silversmith Capital Partners, a Boston-based growth equity firm. The investment marks the first time Microblink has raised outside capital since its founding seven years ago. The partnership with Silversmith will enable accelerated growth in key business areas including product development, go-to-market and team expansion.

Company Information

Company

Microblink

Location

New York, New York, United States

About

Microblink is a global leader in AI-powered computer vision software. The company offers a variety of SDKs for digitizing documents, automating processes, and eliminating manual data entry for mobile and web applications. The company’s global customer base spans 60 countries with enterprises in financial services, market research, insurance, telecom, consumer packaged goods, and retail. For more information about Microblink and its products, please visit www.microblink.com.

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