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Inxight Software raises $24 million

Inxight Software announced it has raised a $24 million second round of funding, led by DB eVentures. The investment marks the first outside round of funding Inxight has received since its spinoff from Xerox in 1997. The company declined to disclose its total funding to date. Santa Clara, Calif.-based Inxight provides software designed to analyze a company's information that is not readily searchable and perform such tasks as pulling extracts or grouping documents in desired categories.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
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Inxight Software announced it has raised a $24 million second round of funding, led by DB eVentures. The investment marks the first outside round of funding has received since its spinoff from Xerox in 1997. The company declined to disclose its total funding to date. Santa Clara, Calif.-based Inxight provides software designed to analyze a company's information that is not readily searchable and perform such tasks as pulling extracts or grouping documents in desired categories.