IPSNP Computing Inc. Receives Funding From the Government of Canada and Private Placement to Seed Development of Next Generation Search Engine for Web Data

IPSNP Computing Inc. Receives Funding From the Government of Canada and Private Placement to Seed Development of Next Generation Search Engine for Web Data

SAINT JOHN, NEW BRUNSWICK — (Marketwire) — 10/18/12 — IPSNP Computing, an early stage start-up and national leader in semantic data integration software, announced today that it raised $200,000 to advance the development of its lead product HYDRA. Early stage funding of $50,000 was provided by the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) and $150,000 was raised from private investors.HYDRA represents a paradigm shift in online data integration an