Label Insight Raises $10 Million From KPMG

Label Insight, a Serra Capital II portfolio company, has raised $10 million from a group of investors led by KPMG Capital. Label Insight provides SaaS (software as a service) data solutions for consumers and companies to access more detailed food label data.

Label Insight CEO Anton Xavier said the new money will be used to develop new products and broaden its data science capabilities. Serra Ventures is also an investor in the round.

Source: http://www.bizjournals.com/stlouis/morning...