Precision Seeks Funds for Idea Tool


Chicago-based start-up Precision Investment Technologies has embarked on a second round of fundraising to complete the development of Alphacution, an idea generation tool for investment analysts.

Founder Paul Rowady declines to say how much he is seeking, but says he is talking with investment banks and hedge funds, among others.

He describes Alphacution as a "catalyst calendar" that can be used to line up events for analysis--such as corporate actions, meetings, news, SEC filings, published

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