Report: Ignition Adds $3.5M to Swype

Seattle-based Swype, a maker of touchscreen text-input technology for mobile devices, has landed a $3.5 million investment from Bellevue’s Ignition Partners, according to GeekWire. Swype’s technology allows touchscreen users to enter text by dragging their finger across an onscreen keyboard, rather than tapping out messages letter-by-letter. The company recently took top consumer product honors at the Washington Technolgy Industry Association awards. Previous investors include Samsung Ventures, Nokia Growth Partners, and Docomo Capital. The GeekWire report quotes CEO Mike McSherry as saying the investment is part of a larger round expected to close soon.

Author: Curt Woodward

Curt covered technology and innovation in the Boston area for Xconomy. He previously worked in Xconomy’s Seattle bureau and continued some coverage of Seattle-area tech companies, including Amazon and Microsoft. Curt joined Xconomy in February 2011 after nearly nine years with The Associated Press, the world's largest news organization. He worked in three states and covered a wide variety of beats for the AP, including business, law, politics, government, and general mayhem. A native Washingtonian, Curt earned a bachelor's degree in journalism from Western Washington University in Bellingham, WA. As a past president of the state's Capitol Correspondents Association, he led efforts to expand statehouse press credentialing to online news outlets for the first time.