iSeed Ventures backs Anyline's €1.5m round

The company will use the funding to further develop its platform and for international expansion. Together with the funding round, it launched a new product, a software development kit that allows users to integrate Anyline into their own mobile applications as a third-party framework.

iSeed is a Silicon Valley-based venture capital firm that focuses on consumer mobile technology and healthcare. Its last activity in Austria was a participation in the $4.8m round for MySugr, a developer of apps and services for people with diabetes, in March 2015.

Company
Anyline provides an optical character recognition tool for mobile devices; the technology enables developers to add text recognition to their own apps. The company is based in Vienna, was founded in 2013 and has 21 employees.

People
Anyline – Lukas Kinigadner (CEO).
iSeed Ventures – Adam Lin, Bryan Cheng (general partners).

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