Investment Underscores the Importance of Modern Cloud-based Productivity and Business Tools for the Post-Pandemic Hybrid Workforce
STATE COLLEGE, Pa.–(BUSINESS WIRE)–#SaaS–Kdan Mobile Software Ltd., a SaaS company that designs and provides cloud-based productivity and content creation solutions for desktop, web and mobile environments, today announced that it has raised $16M in Series B funding from a who’s who of global investors, including Dattoz Partners (South Korea), WI Harper Group (U.S.), Taiwania Capital (Taiwan) and Golden Asia Fund Mitsubishi UFJ Capital (Japan). 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. “We believe this performance is indicative of the company’s future direction and we are thrilled to be a part of that. Kdan Mobile demonstrates exactly what we seek from a meaningful long-term investment.”
Driving the Future of Enterprise-Scale Collaboration
The Series B funding will, in part, drive further development of Kdan’s enterprise 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 handles approximately 1.2 billion documents a year for customers, and that number is expected to increase dramatically over the next five years.
- Kdan’s cloud-based SaaS offerings, DottedSign, Document 365 and Creativity 365, enable growing and mid-sized enterprises to quickly and easily implement company-wide e-signature, PDF document, and multimedia content creation tools.
- For larger enterprises that want more control over their data and workflow, Kdan offers a set of APIs and SDKs for its e-signature service, document management solutions, and creativity platform, enabling large organizations to quickly and securely build out these capabilities in-house.
“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.”
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 multi-platform portfolio includes the following products:
DottedSign is a cloud-based electronic signature service, built for small to medium-sized businesses, startups and business professionals’ signing needs.
- 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.
- Creativity 365
Creativity 365 makes information gathering, content creation, and content publishing simple and efficient. It includes an all-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, a software engineer and the company’s founder and CEO, with the company’s first product – PDF Reader. Kdan launched a new series of apps in 2015, including Creativity 365, its creative suite for designers and content creators integrated within its own Kdan Cloud services. The mobile-first portfolio grew to include NoteLedge, Animation Desk, Markup and Write-on Video. The SaaS company raised $5M Series A funding in 2018 to expand its business, including the launch of DottedSign, its e-signature service, in 2019. The company’s key markets include the U.S. and Asia, with plans to expand global market share in 2021 and beyond.
For more information visit: Kdan Mobile.
About Series B Investors