12 years ago
SwiftKey Secures $17.5 Million in Series B Funding to Expand Global Reach
SwiftKey, a UK-based language technology company, has raised $17.5 million in Series B funding led by Index Ventures, with participation from existing investors Octopus Investments and angel investors
The company intends to use the funds to develop its technology, expand its product portfolio, and grow in North America and Asia
SwiftKey provides a keyboard app for Android and licenses its technology to OEMs like Samsung.
ProblemTechnology
"People are tired of slow, inaccurate, and cumbersome mobile keyboards. "
Solution
"SwiftKey offers a keyboard app for Android’s Google Play that learns your writing style to predict words, improve accuracy, and make typing faster and easier. It also offers its technology to other mobile phone manufacturers."