SwiftKey, the company name now adopted by Southwark-headquartered TouchType Ltd in honour of its popular predictive text app, has raised a further $17.5m (£11.3m) of funding in a Series B round led by Index Ventures, alongside existing investors Octopus Investments and a number of prominent business angels. SwiftKey (as TouchType) was founded in 2008 and had previously raised £2.5m in funding. Octopus invested £275k of seed funding in the company in 2010. Sounds like a shrewd career move for Jon Reynolds, who co-founded SwiftKey as a 22-year-old Cambridge graduate trainee civil servant.
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SwiftKey moves swiftly with Series B funding
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