INSUBCONTINENT EXCLUSIVE:
Kdan Mobile founder and CEO Kenny SuKdan Mobile, a Taiwanese startup that makes cloud-based software for content creators, announced a $5
million Series A today, raised from investors including W.I
Harper Group, Darwin Venture Management and Accord Ventures
Founded in 2009, the Tainan City startup says its products have been downloaded more 120 million times, with about 40% of its customers
The capital will be used for product development, including blockchain-based encryption for documents and real-time collaboration features,
to appeal to enterprise and education users
The company also plans to spend more on user acquisition in the U.S
video editor, and Document 365, launched last year to attract enterprise users
The company also recently began offering new subscription plans for businesses and educational organizations and claims that its cloud
platform, called Kdan Cloud, now counts over 3.5 million members.Founder and chief executive officer Kenny Su says Kdan Mobile is seeking
new partners that will allow it to establish a bigger presence in markets like Japan
The company already has partnerships with Taiwanese mobile services provider GMobi, Jot Stylus maker Adonit and Ningbo, China-based design
major competitors is its focus on artists, designers and other creative professionals
As many users of Google Docs, Office 365 or Adobe Creative Cloud have discovered, accessing them on mobile devices feels much more awkward
Kdan Mobile, however, was founded just as smartphones and tablets usage was becoming widespread, and its products were created specifically
financing will also be used to figure out how to the company can increase the use of artificial intelligence in its products
Kdan Mobile already uses machine learning algorithms to improve its software by analyzing what users upload and recommend on its content
sharing platform.In a press statement, W.I
Harper Group managing director Y.K
