A start-up company today secured U $1.95 million in seed capital from new investors. The funding will be used to further expand its information management software focusing on law enforcement agencies.
Mark43, which used to be known as Nucleik, obtained the new financial backing from SV Angel, Lowercase Capital, Rough Draft Ventures, General Catalyst, Spark Capital and Harvard Business School Prof. Tom Eisenmann, among others. The company is founded by three Harvard students, Florian Mayr, Matthew Polega and Scott Crouch, who took home US $70,000 when they emerged as winners in Harvard University President's Challenge for their software.
Basically, the software promises to cut down administrative work, improve the efficacy of the criminal database and simplify data sharing among the different law enforcement agencies throughout the country.
Mark43 CEO Scott Crouch explains: "Our platform is designed in the field with law enforcement, for law enforcement to save time, money and, most importantly, save the lives of law enforcement officers and the civilians they have sworn to protect."
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