News by Brian James Kirk on Tuesday December 15, 2009.
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Text input company Swype has raised $5.6 million in a round of Series B funding that includes investments from Nokia Growth Partners and Samsung Ventures. The company will use the funds to build more partnerships and expand the reach of its software on more mobile phones, according to a press release.
The round is surely a vote of confidence for the company, as evidenced by Samsung Ventures Manager Director Brian Kang. "We believe that Swype is playing a leadership role in the evolution of mobile user interfaces and is providing an exciting breakthrough technology that can be implemented in a variety of ways," Kang said in a statement.
Swype's text input technology is the impressive tech seen in Samsung's Omnia II. Users slide their fingers across the keys on virtual keyboard and the input method automatically determines the intended word even if they make subtle mistakes. The company's co-founder Cliff Kushler is a co-inventor of T9 text input, used on over 2.4 billion mobile phones globally.
You can watch Swype in action in the two videos that are part of our Samsung SCH-i920 Omnia II review.
Brian James Kirk
Brian is a former news editor on MobileBurn.com that freelances in Philadelphia. You can follow him on Twitter as @BrianJamesKirk.