Follow us on Twitter
Follow us on Twitter
Follow us on Twitter
Follow us on Twitter
Follow us on Twitter

Products' We Represent


Subscribe

captcha 

Cover-170316-IT-Show-2017r3

Nokia, Samsung Invest In Swype To Improve Typing On Touchscreens
Monday, 14 December 2009 00:00

When a start-up gets funding from both Samsung and Nokia, that’s huge validation. Today, Seattle-based Swype is getting a healthy dose, after securing $5.6 million in a second round of funding from Nokia Growth Partners, Samsung Ventures and existing investor Benaroya Capital.

Swype had previously raised $1.7 million from friends, family and its management team, and spent the past seven years developing an easier way to type on a touchscreen keyboard—something that has become crucial as physical keyboards have disappeared. Samsung calls Swype’s technology “genius texting” and I compare it to waving your finger like a magic wand. So far, it has only shipped on one phone but with this money Swype will be ramping up to roll-out on several smartphones in the new year. This has included Windows Mobile and Android phones for some time, but now presumably Nokia is also interested since it’s an investor.

Mike McSherry, Swype’s CEO, confirmed that Swype is launching on a number of new devices and platforms: “The level of confidence shown by investors in our Series B, especially coming from two of the largest device manufacturers in the world and a returning investor, demonstrates the viability of our product and the known added value it can bring to mobile devices.”

Swype’s technology is designed to make touchscreens more accurate, by allowing people to drag their fingertip from letter to letter, instead of trying to accurately tap each key. The software intelligently decides what word you are typing based on where your finger pauses or changes direction. It has launched on the Samsung Omnia II, a Windows Mobile device, but it’s also designed for tablets, game consoles, TVs and GPS units. For Swype to become a runaway success, it will have to be on many different platforms and become nearly ubiquitous. Compare it to Tegic’s T9 technology, which has changed hands from AOL (NYSE: AOL) to Nuance Communications most recently, and ships on just about every mobile phone today.

Brian Kang, Managing Director at Samsung Ventures America, said in a release: “We believe that Swype is playing a leadership role in the evolution of mobile user interfaces and is providing an exciting breakthrough technology that can be implemented in a variety of ways.”

 

ACE Featured Products

E11
E11
$204
P520L Event Photo Booth Printer
P520L Event Photo Booth Printer
Call for Pricing
Entertainment Creation Suites 2013
Entertainment Creation Suites 2013
$6,495
Product Design Suite 2013
Product Design Suite 2013
$6,495
Disk Xpansion DX1215
Disk Xpansion DX1215
Call for Pricing
Fi-6130Z
Fi-6130Z
$999
FosBaby P1 (Blue)
FosBaby P1 (Blue)
Call for Pricing
QNAP TS-569L
QNAP TS-569L
Call for Pricing

Latest News

  • Synology® Inc. is aware of a new processor erratum discovered in the Intel® Atom™ C2000 family. After in-depth investigation, the possibility of seeing accelerated degradation of a...
  • Synology® Inc. today announced that Vic Hsu, Vice President of the System and Enterprise Group, will extend his responsibilities to assume the role of Chief Executive Officer, effe...
  • Protect your business, home, and other environments with a reliable and intuitive surveillance system.Surveillance Station delivers intelligent monitoring and video management tool...
  • Synology® Inc. today announced the official release of Surveillance Station 8.0, delivering a new and efficient desktop client, smart multiple streaming technology, and painless ...
  • At IoT Tech Expo Global 2017, QNAP® Systems, Inc. will showcase the unique QIoT Suite Lite software and demonstrate its grand vision of “NAS as Private IoT Cloud Platform”. QNAP ...