Anyline announced raising $12M from Project A ventures.

Austria Germany 11 January 2020
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Anyline, a Vienna, Austria-based sofwtare developer of an Optical Character Recognition (OCR) technology, raised $12 million in Series A funding.

The money was raised from investors led by Project A, with participation from Operational VC, and existing investors including Senovo, Johann ‘Hansi’ Hansmann, and the Gernot Langes-Swarovski Foundation.

The proceeds will be used as the company intends to double the headcount and to open an US office in Boston in early 2020. To launch in the US, the company has established Anyline, Inc., and has hired Bryan Boatner, the former Global Sales Director of Cognex Corporation, as new VP of Sales and Business Development.

Anyline, founded in 2013 by CEO Lukas Kinigadner, built a technology platform allowing companies to scan and collect analog information, such as identity documents, serial numbers and utility meters using any standard mobile device.

Total investments received (USD): 37.01M

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