Video Archives

scanR

Product Name

scanR

Market Segment

Enterprise software and services

Funding

Series A: Venture funding from trinity Ventures, Thomvest International and true Ventures, $4.65 million. Raising Series B in 2007.

Competitors

No direct competitors. Secondary competitors include Canon, HP, Xerox, and Kinko’s.

Product Description

scanR enables camera phones and digital cameras to scan, copy and fax. Using scanR, people can turn paper into useful digital information in a few simple steps. The scanR service cleans photos of whiteboards, documents and business cards, extracts the printed information, and delivers a digital file to your email, contact manager or fax.

Market Opportunity

Targeting the 400 million office workers worldwide, scanR brings mobility and convenience to the scan/copy/fax market with a service that works with the camera phones already in office workers’ pockets. According to Xerox, businesses currently spend $35 billion per year on scan/copy/fax solutions.

Demo Says

scanR turns every camera phone into a scanner, copier and fax machine. From its origins in white-board capture to its newest business card scanner, scanR doesn’t just optimize and forward images. The company leverages a smartly engineered server-side platform to provide data extraction, recognition and management, converting photos into smart data. Expect great things to come from this very smart startup.