Taiwanese SaaS company Kdan Mobile raises US$1.2M pre-Series A funding

Although a majority of the company’s current sales comes from the West, it will be eyeing growth in its home market in Asia

State College, US, 2016-April-20 — /EPR Network/ — Taiwanese Software as a Service (SaaS) company Kdan Mobile has raised more than US$1.2 million in pre-Series A funding from VenTek Ventures. Adonit Co-founder and CEO Ian Kung and GMobi CEO Paul Wu also participated in the round.

The company has also announced that it has reached more than 60 million mobile downloads worldwide.

Established in 2009, Kdan was started out as a mobile app developer. Currently, Kdan has five applications meshed into its cloud service offerings: NoteLedge, Animation Desk, PDF Mark-up, Write-on Video, and Pocket Scanner.

As per a statement, more than 30 per cent of Kdan’s users now come from Android devices. At the current pace, it expects its total downloads to exceed 100 million at the end of the first quarter of 2017.

Despite the fact that a majority of the company’s current sales comes from the West, it will be eyeing growth in its home market in Asia. Besides Taiwan, Kdan has operations in China and the US.

“A very important part of our job is to make digital content creation a mobile, pain-free, and encouraging process,” Kdan Mobile’s CEO Kenny Su said.

“Our designers and engineers are working tirelessly to deliver a level of convenience that lowers the bar of entry for people that believe they are creative yet lack the tools to do what they did not know they would be able to do.”

Go to https://e27.co/taiwanese-saas-company-kdan-mobile-raises-us1-2m-pre-series-a-funding-20160419/ to read more.

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