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"Reducto Announces $108M in Funding to Define the Future of AI Document Intelligence. @reductoai has raised $75M in Series B funding led by @a16z (Andreessen Horowitz) one of the most influential investors in the tech startup world. Other backers include Benchmark First Round Capital Y Combinator and BoxGroup. This brings @reductoai s total funding to $108M. Reducto is expanding its Agentic OCR framework an evolution of traditional OCR. Unlike standard text recognition Agentic OCR is powered by agentic AI enabling it to understand context interpret meaning and act intelligently on document"
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