{"id":8325,"date":"2021-07-20T01:33:55","date_gmt":"2021-07-20T01:33:55","guid":{"rendered":"https:\/\/www.kdanmobile.com\/blog\/?p=8325"},"modified":"2023-02-28T13:23:06","modified_gmt":"2023-02-28T13:23:06","slug":"kdan-raised-usd-16-million-in-series-b-round","status":"publish","type":"post","link":"https:\/\/www.kdan.com\/blog\/kdan-raised-usd-16-million-in-series-b-round","title":{"rendered":"Kdan Raised USD 16 Million in Series B Round. Here\u2019s What You Need to Know."},"content":{"rendered":"\n

Our team is beyond thrilled to share that we\u2019ve completed a successful Series B round of fundraising that totaled USD 16 million between four global investors: Dattoz Partners (South Korea), WI Harper Group (U.S.), Taiwania Capital (Taiwan), and Golden Asia Fund Mitsubishi UFJ Capital (Japan). As you can imagine, we\u2019ve got big plans to continue growing our team and helping you work more efficiently. It\u2019s also the time to reflect upon the progress we\u2019ve made in the three years since completing our Series A round<\/a>.<\/p>\n\n\n\n\n\n\n\n

Continuing to Develop and Enable the Mobile Workforce<\/strong><\/h2>\n\n\n\n

Work Smarter, Not Harder, with Document AI<\/h3>\n\n\n\n

One of the key areas in which our engineering team has been working is the world of Artificial Intelligence (AI). Artificial intelligence is a buzzword that seems to be popping up in nearly every conversation related to business or technology, but what does it mean? It can be (over) simplified to the idea of using machines to recognize patterns quicker and more effectively than humans can. This helps an increasingly mobile workforce make swift decisions based upon mountains of data that are processed in an instant.<\/p>\n\n\n\n

Our document AI solutions<\/a> extract and summarize key information from large-scale sources of unstructured content, empowering modern professionals to make better business decisions in less time.<\/p>\n\n\n\n

Expanding Our Footprint to Grow Our Community<\/h3>\n\n\n\n

You may have noticed from our list of new investors that we\u2019re focusing on making more connections in both Asia and the United States. We remain steadfastly committed to helping business professionals and creatives around the world create the best content they can, often while on the go, by introducing them to our different tools and services<\/a>. Thanks to the ongoing support from our new investors, we plan to continue introducing our various solutions to new audiences and growing our community of users.<\/p>\n\n\n\n

Continuing to Raise the Bar with Our Cloud-Based Solutions<\/h3>\n\n\n\n

While we\u2019re proud of our cloud-based solutions, like DottedSign<\/a> and the services that comprise Document 365<\/a> and Creativity 365<\/a>, we\u2019re never done pushing ourselves to think of new ways to enhance each solution\u2019s capabilities. We want to help both individuals and enterprises improve productivity and unleash their creativity. We mentioned above our plan to continue growing the Kdan Team, and we\u2019re confident that each newcomer will help us pursue this vision of creating a mobile workforce.<\/p>\n\n\n\n

From Series A to Series B<\/strong><\/h2>\n\n\n\n

Since our Series A fundraising round in 2018 through the raising of our Series B, we\u2019ve grown a lot – both in terms of our team, its solutions, and, of course, the number of users supporting us along the way. We want to take this opportunity to recognize a few milestones we\u2019ve reached since our Series A round to present day and to thank everyone for being part of the journey.<\/p>\n\n\n\n

Growing the Kdan Community<\/h3>\n\n\n\n

We have lofty ambitions to use our Series B funding to help future members around the world leverage our solutions, but now is also time to acknowledge a few numbers of which we are particularly proud. Since raising our Series A round, our community has:<\/p>\n\n\n\n