Wellington Partners invests in Dacuda to further accelerate growth

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20.03.2014

Swiss software startup Dacuda AG and Wellington Partners enter into a partnership to accelerate the market success of Dacuda solutions. Wellington Partners is one of the most successful pan-European venture capital firms, investing in selected outstanding entrepreneurs with excellent ideas and businesses that have the potential to make a big impact on markets and the ambition to address the market in a global fashion.

’The Dacuda team is pleased to have Wellington Partners on board to accelerate our growth path,’ said Dr. Peter Weigand, CEO of Dacuda, ‘This represents another key milestone for Dacuda. We are looking forward to integrating Wellington Partners into Dacuda’s investor team and to jointly driving Dacuda to further success.’

’We have been observing the successful track record of Dacuda and we are impressed with the technology and current solutions but moreover its ability to address large additional markets in the consumer space beyond the current application areas” said Mr. Bart Markus, General Partner of Wellington Partners, ‘We are very excited about the Dacuda solutions, and the extremely strong and visionary team. We are looking forward to making this all happen and create another global technology leader out of Europe.“

About Dacuda
Dacuda is a Swiss software company founded as spin-off of ETH Zürich, and has invented a revolutionary digitization technology based on real-time image processing and computer vision. Dacuda’s patented SLAM Scan® technology enables fast and reliable capturing of text and image as well as creative photography interaction for immediate editing and easy sharing. The technology is designed for any device with a camera module with the purpose to increase user creativity and productivity. Dacuda licenses its technology to leading hardware and software companies.

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