Android Keyboard Maker Swype Closes $6 Million C Round
Summary
Swype, technology that lets you type by dragging your finger across the keyboard, has closed the Series C round it began in March. It raised $2.5 million in addition to the previous $3.5 million from Samsung Ventures, Nokia Growth Partners, Benaroya Capital, DOCOMO Capital and Ignition Partners. Swype wants to become the only way to type on smart screen phones with its patent-pending technology. Its now an 80+ person company; the money will be used to expand internationally and move beyond phones to video game controllers, remotes and in-car displays. By the end of this year, Swype expects to be preloaded on over 100 million devices.
Funding
Amount
$2.5M
Total raised
Date
July 12, 2011
Announcement date
Investors
-
Lead investors
Company
http://www.swypeinc.com
Funded company
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