TouchType, the London-based company behind the popular SwiftKey Android applications, has raise $2.4 million (£1.5 million) in Series A funding in a round led by Octopus Investments.
SwiftKey is a keyboard app that leverages TouchType’s natural language engine technology (dubbed Fluency) to learn a user’s writing style and try to accurately correct and even predict their text input. The idea is for the app to reduce the number of keystrokes and speed up text entry on smartphones and tablet computers.
Read more at TechCrunch Europe.
SwiftKey is a rapidly growing, successful company that builds apps and technology that learn from their users to make text entry easier, faster and more productive. In 2013, it was named one of the top 10 most innovative mobile companies in the world by Fast Company. SwiftKey’s revenue comes from sales of apps on Google Play and Amazon Appstore, as well as licensing deals with OEM manufacturers. SwiftKey have licensed their technology to a number of OEMs including confidential deals with Tier...
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