Anyline, a Vienna, Austria-based provider of Optical Character Recognition (OCR) technology, raised $12m in Series A funding.
The round was led by Project A, with participation from Operational VC, and existing investors including Senovo, Johann ‘Hansi’ Hansmann, and the Gernot Langes-Swarovski Foundation.
The company intends to use the new capital to double the headcount and to open a US headquarters in Boston in early 2020.
Led by Lukas Kinigadner, CEO and co-founder, Anyline provides a technology platform to allow business to scan and collect analog information, such as identity documents, serial numbers and utility meters using any standard mobile device.
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.