Android Keyboard Maker Swype Closes $6 Million C Round

Funding Rounds

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

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies