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Commercial Real Estate Data Biz Prophia Grabs $10.2M

Prophia, a lease abstraction and commercial real estate data management provider, has raised $10.2 million in a Series A round. So reports GeekWire.

ProphiaThe company, co-headquartered between San Francisco and Seattle, will use the funding for product development and to add sales, marketing and commercial staff to its 32-person staff.

Prophia’s software analyzes PDF contracts for commercial real estate clients and pulls out critical information such as square footage and lease dates.

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