SaaS Solution Provider Kdan Mobile Software Raises $ 16 Million in Series B Funding from Leading Global Investor Group
STATE COLLEGE, PA – (COMMERCIAL THREAD) – Kdan Mobile Software Ltd., a SaaS company that designs and delivers cloud-based content creation and productivity solutions for desktop, web and mobile environments, today announced it has raised $ 16 million in Series B financing from a who is who global investors, including Dattoz Partners (South Korea), WI Harper Group (United States), Taiwania Capital (Taiwan) and Golden Asia Fund Mitsubishi UFJ Capital (Japan). Series B lead investor Dattoz Partners will serve on Kdan Mobile’s board of directors to help guide the company in expanding its global footprint.
âWe are seeing tremendous growth in the market for software and solutions that strengthen the post-pandemic hybrid workforce. Kdan’s powerful product line and the executive team’s execution ability have led to its strong momentum in several key markets, including the US and Asia markets, âsaid Yeon Su Kim , CEO of Dattoz Partners, commenting on the investment and his plans to join the board of directors as Kdan’s senior head of global investments. âWe believe this performance is indicative of the future direction of the company and we are delighted to be a part of it. Kdan Mobile demonstrates exactly what we are looking for from a meaningful long-term investment.
Driving the future of enterprise-wide collaboration
The Series B financing will, in part, stimulate further development of Kdan’s corporate offerings, including:
Document AI is a powerful data processing and filtering technology that extracts and summarizes key information from large-scale sources of unstructured content, enabling organizations to make better business decisions in less time. Today, Kdan processes approximately 1.2 billion documents per year for its clients, and that number is expected to increase significantly over the next five years.
Kdan’s cloud-based SaaS offerings, DottedSign, Document 365 and Creativity 365, enable growing and midsize businesses to quickly and easily implement e-signature, PDF document, and multimedia authoring tools at company-wide.
For large enterprises that want more control over their data and workflow, Kdan offers a set of APIs and SDKs for its electronic signature service, document management solutions and creativity platform, enabling large organizations to quickly and securely develop these capabilities internally. .
âWe are focused on creating solutions for the hybrid workforce of the future with products that streamline workflow across multiple IT platforms. We enable people to produce creative content on a mobile device and grab it on a PC or laptop, âsaid Kenny Su, CEO and Founder of Kdan Mobile Software Ltd. âWe recognize that inspiration happens anywhere, and you need to be able to work from your mobile device – from the subway, a cafe or even from a campsite in the woods – then grab it when you’re back at the office. . This funding validates our strategy and underlines the importance of our work.
A cloud-based productivity solution for the hybrid workforce
Kdan Mobile’s solutions have been downloaded over 200 million times from the App Store, Google Play Store and Microsoft Store. Kdan’s multiplatform portfolio includes the following products:
DottedSign is a cloud-based electronic signature service designed for small to medium-sized businesses, startups, and professional signing needs.
Document 365 is a PDF document solution that enables users and businesses to leverage their productivity with Kdan’s PDF Reader app, online services, and PDF SDKs on web and mobile devices.
Creativity 365 makes collecting information, creating content, and publishing content simple and efficient. It includes a full access pass to Animation Desk, Write-on Video, NoteLedge and Markup.
About Kdan Mobile Software Ltd.
Kdan Mobile Software Ltd. was established in 2009 by Kenny Su, software engineer and founder and CEO of the company, with the company’s first product – PDF Reader. Kdan launched a new suite of apps in 2015, including Creativity 365, its creative suite for designers and content creators integrated with its own Kdan Cloud services. The mobile-first portfolio has grown to include NoteLedge, Animation Desk, Markup, and Write-on Video. The SaaS company raised $ 5 million in Series A funding in 2018 to grow its business, including the launch of DottedSign, its electronic signature service, in 2019. The company’s key markets are the United States and Asia, with plans to expand its global market share in 2021 and beyond.
For more information visit: Kdan Mobile.
About Series B Investors