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November 22, 2006

Codasystem's Metadata Tatoos For Fotos Funded

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French startup Codasystems has raised €2M from OTC Asset Management, according to Neteco. This was the firm's second round. Its first was raised in 2004 with Cap Decisif.
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Exactly Where The Shot Was Snapped

Codasystem sells a solution used by businesses to document and legally certify images. For example, a construction firm wants to document daily the work completed on a new roof for a building to make sure there's no quibbling about contracts and deadlines.

According to the firm, its software enables image to be "tattooed" (using steganography) with the environmental information captured at the precise instant the picture was taken, including the author, the location (using GPS), time and date (certified), altitude, temperature or any other kind of numerical information. The solution also supports the data file transfer, encryption, archiving, and storage of image files. Reference customers seem to be from the retail, construction, and security sectors of the economy.
The new capital is meant to startup international sales and geographic expansion.
Read - Codasystem leve 2 million (neteco)

Posted on November 22, 2006 10:11 AM | Posted to News And Updates | Permalink

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