Security News > 2021 > July > Kdan Mobile raises $16M to increase its global footprint
Kdan Mobile Software announced that it has raised $16M in Series B funding from a who's who of global investors, including Dattoz Partners, WI Harper Group, Taiwania Capital and Golden Asia Fund Mitsubishi UFJ Capital.
Lead Series B investor, Dattoz Partners, will take a seat on the Kdan Mobile Board to help guide the company as it expands its global footprint.
"We see tremendous growth in the market for software and solutions that empower the post-pandemic hybrid workforce. Kdan's powerful product suite and the leadership team's ability to execute have led to its strong momentum in several key markets, including the U.S. and Asia markets," said Yeon Su Kim, Dattoz Partners' CEO, commenting on the investment and her plans for joining the board as Kdan's first Global Investment Officer.
Today, Kdan handles approximately 1.2 billion documents a year for customers, and that number is expected to increase dramatically over the next five years.
"We are focused on creating solutions for the hybrid workforce of the future with products that streamline workflow across multiple computing platforms. We enable people to produce creative content on a mobile device and pick it up on a PC or laptop," said Kenny Su, CEO and Founder of Kdan Mobile Software Ltd. "We recognize that inspiration happens anywhere, and you need to be able to work from your mobile device-from the subway, a coffee shop or even from a camping site in the woods-then pick that up when you're back in the office. This funding validates our strategy and underscores the importance of our work."
Document 365: Document 365 is a PDF document solution that empowers users and enterprises to leverage their productivity with Kdan's PDF Reader app, online services and PDF SDKs across web and mobile devices.
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