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Scandit raises $5.5 million

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Harmeet
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SAN FRANCISCO, USA: Scandit, developer of the leading software-based barcode scanning and data capture platform for smartphones, tablets and wearable computing devices, announced that it has raised $5.5 million to strengthen its market leading position and transform the face of the automatic identification and data capture (AIDC) industry.

The investment has been made by a small group of high net worth technology entrepreneurs - all experienced in the development of successful enterprise software companies. The funding round was led by Ariel Luedi, CEO at hybris, the leading e-commerce vendor, which last year was acquired by SAP. Luedi has joined the Scandit Board of Directors.

Scandit was founded in 2009 and has established itself as the leader in the emerging BYOD (Bring Your Own Device) scanning market for employees and consumers while also providing a more cost-effective alternative to traditional, dedicated hardware device scanners. In the last 18 months, the company has multiplied its licensee base by a factor of 30. Scandit now serves more than 12,000 licensees in 80 countries and processes hundreds of millions of scans per year.