Anyline Raises $20 Million to Answer Exponential Demand for Mobile Data Capture Technology
Vienna/Boston – July 7, 2021 – Anyline, a market leader in mobile data capture, today announced that it has raised $20 million in a growth funding round to meet the rapidly growing global demand for mobile scanning technology. This round of funding is led by the European growth equity fund Digital+ Partners and supported by Anyline’s existing investors, which include Project A, Senovo, Johann ‘Hansi’ Hansmann and PUSH Ventures.
Anyline’s AI-enabled mobile scanning technology is leveraged across a variety of industries around the world, including retail, logistics, manufacturing, law enforcement and automotive. Anyline solutions have also played a key supporting role throughout the pandemic by processing more than 3.4 million COVID-19 home testing kits in its headquarter city of Vienna.
Founded in 2013, Anyline now supports more than 250 companies and governmental organizations using its scanning solutions to digitize their data and improve operational efficiency. The company has strategic partnerships with industry leaders such as Zebra Technologies, and key customers include Discount Tire, PepsiCo, E.ON, Tata, Comerso, Canon, and the World Food Programme.
Since Anyline’s Series A funding round last year, the company has released its proprietary AI platform, Anyline Trainer, a web-based, end-to-end computer vision and machine learning suite that can train a custom Optical Character Recognition (OCR) scanner in hours. The solution automates the process of developing a tailor-made mobile data capture solution, reducing a process that normally takes weeks to only a few hours for a working prototype. Using this technology, Anyline has created new solutions for the likes of Discount Tire and Tata. The company has also recently developed ID scanners for Arabic text and will soon launch Cyrillic text recognition.
The company has also expanded outside of Austria with the opening of its U.S. headquarters in Boston. With a current staff of 100 between the company’s Vienna and Boston offices, Anyline plans to expand the team further in the next 12 months. The company also announced two new appointments to its executive team, with Christian Stadlmann, former SVP Global Sales of Aurea Software, starting as the company’s new chief revenue officer alongside Dan Sirk, former CMO and managing director of employer-rating platform kununu, who joined Anyline as chief marketing officer in November 2020.
Founded in Vienna in 2013, Anyline has established itself as a market leader in mobile data capture. Using the newest and most innovative artificial intelligence approaches, Anyline enables any mobile device to process written characters and barcodes in real time, even when offline.
Anyline mobile data capture technology is CCPA/GDPR compliant, processing all data collected securely on the users’ device, and removing any chance of data interference. It’s not only more accurate than manual data entry, but also works 20 times faster. These scanning solutions are trusted by household brands such as PepsiCo, Discount Tire and IBM, as well as national governments and the United Nations.
About Digital+ Partners
Based in Munich and Frankfurt, Germany, Digital+ Partners is a leading technology growth equity investor focused on European and US technology companies with over €500 million assets under management. Digital+ Partners aims to support ambitious entrepreneurs build global technology leaders, providing them with strategic advice and long-term financial support to help them define and execute their growth plans. Digital+ Partners focuses exclusively on B2B technology companies and leverages a deep corporate network to help portfolio companies access new markets and build new partnerships.
Head of PR, Anyline
+43 670 40 46 048
Explore all of our articles
Product Update – November 2022
Anyline Launches Industry-First Tire Tread Scanner for Smartphones at SEMA 2022