Ripcord raises $25 million

Ripcord, a robotic digitization company, has raised $25 million in equity funding led by GV (formerly Google Ventures), with participation from new investor Telstra Ventures. Existing investors Icon Ventures, Kleiner Perkins, Lux Capital, and Silicon Valley Bank also participated in the round.

Ripcord provides automation and software to provide customers with digitized records management. The company has raised $65 million to date.

[Image courtesy: Ripcord]

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