Top Image Systems is a well-established entity in the realm of Content Creators and Enterprise Software. Founded in 1991, the company embarked on a mission to provide technology solutions capable of automatically converting incoming business content into digital data, optimizing companies’ straight-through-processing capabilities.
In a strategic move, Kofax acquired Top Image Systems on May 6, 2019. This acquisition has notably augmented Kofax's Digital Capture and SaaS capabilities, further bolstering the secure cloud features of its Intelligent Automation platform. The integration signifies a significant pivot towards enhancing digital and automation solutions for global organizations.
The last documented capital injection was a $2.85M Post-IPO Equity on June 21, 2011. Top Image Systems' acquisition represents a strategic consolidation within the industry, amplifying Kofax's footprint in the United States headquarters and beyond.