RiverGlass takes $2.4 million for information analytics

Search engines often don’t cut it for efficient, in-depth research. Riverglass is a Champaign, Ill. startup that helps cut through and organize the information on the internet for business and government use.

Riverglass says that it can intelligently gather information on specific subjects and present summaries for it. State and federal agencies are prime clients for the company’s software, which can help create intelligence reports for analysts.

The $2.4 million funding was provided by RPM Ventures, IllinoisVENTURES and Country Insurance & Financial Services.

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About the Author, Chris Morrison

Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.