Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
Categories: News

Ripcord Acquires Silicon Valley Based LearningPal

FacebookFacebookTwitterTwitterEmailEmailWhatsAppWhatsAppFlipboardFlipboardGmailGmailRedditRedditLinkedInLinkedInMessengerMessengerShareShare

Advanced Machine Learning Capabilities to Further Strengthen Ripcord’s Document Intelligence Capability and Democratize Data Access

HAYWARD, Calif.–(BUSINESS WIRE)–Ripcord, the world’s first robotic digitization and document intelligence company, today announced its acquisition of LearningPal, an advanced machine learning-native Optical Character Recognition (OCR) and Document Understanding technology based in Silicon Valley. The acquisition furthers Ripcord’s broader objective of providing organizations with a frictionless and scalable document-to-data experience and accelerating their digital transformation.

With the integration of LearningPal’s technology, Ripcord customers will see many benefits, including:

  • Best in class, enterprise scale native Japanese language extraction capabilities, plus ability to rapidly expand into other languages and markets.
  • Improved large format document processing, which typically requires extensive memory and computing and unique ML capabilities.

“The unique combination of robotic digitization, document intelligence and data activation is vital to an organization’s ability to unleash the intrinsic power of its data,” said Sam Fahmy, President and CEO of Ripcord. “Ripcord and LearningPal share a common goal: To seamlessly turn an organization’s vast trove of opaque documents into dynamic data that can be used to automate processes, gain insights and fuel better decision making. It’s a natural fit. Our complementary technologies and joint teams are poised to accelerate our innovation edge and leadership in this rapidly growing space.”

“The merger of LearningPal and Ripcord presents immediate opportunities to scale our combined capabilities,” said Robin Wang, CEO of LearningPal. “From day one, the integrated Ripcord and LearningPal teams aimed to address existing challenges and to continue advancing technology to improve digitization and fuel global business needs in this area.”

About Ripcord

Ripcord is transforming the $62 billion records management and document intelligence space with its unique combination of robotic digitization, document intelligence and data activation capabilities that work together to turn paper and digital documents into valuable data in record time. Ripcord is based in Silicon Valley, California, and is backed by the world’s leading investors including Kleiner Perkins, Google Ventures, Icon Ventures, Baidu, Lux Capital, Legend Star, Silicon Valley Bank and Apple co-founder Steve Wozniak. For more information, visit www.ripcord.com.

Contacts

Daria Newell

Matter for Ripcord

ripcord@matternow.com

Staff

Recent Posts

Metavista Announces Entry into Automotive Sector

Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - Metavista3D Inc. (TSXV: DDD) (FSE: E3T)…

18 minutes ago

SIGGRAPH 2025 Unites Global Creators to Celebrate Cinematic Innovation, Immersive Animation, and the Power of Visual Storytelling

Computer Animation Festival Award Winners, All Student Projects, Take Center Stage Alongside Major VFX Powerhouses…

4 hours ago

ShengShu Technology Launches ‘Vidu Creative Leap Program’ for Automating Ad and E-Commerce Creatives at Scale with Vidu API

Creative Leap Program empowers ad tech platforms to harness the power of Vidu's plug-and-play Model-as-a-Service…

4 hours ago

Publisher Two Virgins Begins Selling Books on Amazon.com in United States

TOKYO, July 14, 2025 /PRNewswire/ -- Two Virgins Co., Ltd. (hereinafter "Publisher Two Virgins"), a…

4 hours ago

Other World Computing Announces New OWC USB-C Quad HDMI 4K Adapter and Redesigned OWC USB-C Dual HDMI 4K Adapter

Provides Users With Power to Easily Expand Visual Workspace, Without Complexity or Cost of Juggling…

11 hours ago

ComPsych Relocates Global Headquarters to Prudential Plaza in Chicago

CHICAGO--(BUSINESS WIRE)--ComPsych® Corporation, the worldwide leader in organizational mental health, well-being, and absence management, today…

11 hours ago