August 14, 2013
Syntellia today announced a successful $3 million Series A funding round led by Highland Capital Partners, Kleiner Perkins Caufield & Byers, and Middleland Capital. This marks Highland Capital’s first company funded via their Leap Fund, a project that supports entrepreneurs developing technology to solve human-scale problems.
First and foremost, Syntellia founders Kostas Eleftheriou and Ioannis Verdelis will be using their $3 million to bolster their popular keyboard app Fleksy, while making a run at becoming the default keyboard for touchscreen phones. That means building a stronger presence on iOS, expanding their Android beta, and hiring new employees.
Most of us can type on a physical keyboard, like our laptop, without having to look; it feels easy and natural. Syntellia has made Fleksy powerful enough, in terms of its predictive technology, to allow completely eye-free typing when it comes to smartphones. Even if you misspell all of the words in a sentence, Fleksy will get it right.
“To achieve this, we had to rethink the problem of typing for the touchscreen and post-touchscreen era,” say Verdelis and Eleftheriou. “Current solutions require too much user concentration while typing and our goal is to make everyone more productive by offering an experience that just feels right.”
Working with iOS as your primary market is difficult, but not impossible. Apple does not allow customization of the built-in keyboard, so Fleksy will be signing developer partners that will incorporate Fleksy into their own apps individually. We can expect the first of those apps to hit the App Store later this fall.
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