GAINESVILLE, Fla. and BOCA RATON, Fla., Oct. 3, 2016 /PRNewswire-USNewswire/ -- The Florida Institute for the Commercialization of Public Research (the Institute) announced today that it has finalized a funding agreement with Social Evidence, LLC, a Gainesville-based company with technology developed at the Institute for Human and Machine Cognition (IHMC). The Institute supports new company creation based on publicly-funded research, and bridges early funding gaps for companies spinning out of Florida-based universities and research institutions.
Social Evidence is a cloud-based application developed to provide attorneys with an efficient method of gathering and evaluating social media as part of a litigation matter. The analysis tools will assist attorneys with organizing data using search tools and filtering, and as a result will be able to more easily pinpoint relevant information. Designed on the Microsoft Azure platform, Social Evidence provides a scalable solution that will work for solo practitioners as well as large law firms.
"There is both a duty to preserve social media content and a need to access relevant social media in litigation," said Jon Mills, Social Evidence Chief Executive Officer. "The goal is to collect and analyze the social media history of people relevant to a case through a defined, repeatable, and legally defensible process in order to improve outcomes in discovery negotiations and court cases."
"Social Evidence will improve client assessment by automating the search of social media data in research and discovery," said Jackson Streeter, MD, Institute Chief Executive Officer. "The Institute looks forward to supporting Social Evidence as they assist legal professionals in obtaining important information at a reasonable cost."
About the Institute
Formed by the Florida Legislature in 2007, the Florida Institute for the Commercialization of Public Research is a non-profit organization that works collaboratively with the technology licensing and commercialization offices of Florida's state universities and private research institutions to leverage a $2B+ research base and form investable companies that create clean jobs in new industries that are driving the global economy. With funding from the State of Florida through the Department of Economic Opportunity, and through the generosity of mentors, advisors and donors, the Institute provides company building services, and seed funding through the Florida Technology Seed Capital Fund, to promising Florida startups. Fifty-seven companies have been funded to date, and the Institute's economic impact through June 30, 2015 was $630 million, a return on investment of 22 times to the State of Florida.
About Social Evidence
Social Evidence™ is a cloud-based application that provides attorneys and legal professionals support in the collection, organization, and analysis of the social media history of clients, witnesses, experts, prospective clients, and other parties. For more information, please see www.social-evidence.com.
Chief Operating Officer
Institute for the Commercialization of Public Research
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SOURCE Florida Institute for the Commercialization of Public Research