Israeli Startup accessiBe Secures $12M Funding from K1

accessiBe, a Tel Aviv-based supplier of AI-powered net accessibility options, as we speak introduced it closed a major funding from K1 Funding Administration (“K1”), an funding agency specializing in high-growth enterprise software program corporations.

The $12 million funding offers accessiBe with vital sources to construct on its robust progress trajectory, aggressively scale operations in North America, and assist its tens of 1000’s of shoppers and companions, the agency mentioned.

accessiBe’s product automates the method by which corporations and web site house owners make their content material accessible to customers with visible, listening to and motor impairments, in addition to different purposeful disabilities.

The corporate’s AI-based answer scans web sites and robotically offers key modifications to transmit information and accessible content material to end-users in a way compliant with worldwide and US incapacity requirements, together with Internet Content material Accessibility Tips (“WCAG”) and the People with Disabilities Act (“ADA”).

“What excites us most about our partnership with K1 is that now, with the superb assist of our buyers, we are able to convey accessibility to the world,” mentioned Shir Ekerling, co-founder and CEO of accessiBe. “Our imaginative and prescient is to make the web really accessible to everybody. By using machine studying, our answer might help tens of millions of companies adjust to laws and keep away from lawsuits on the one hand, whereas enabling customers with disabilities to browse the web successfully on the opposite. It’s a win-win.”

Sturdy partnerships

Based in 2018, accesiBe has partnerships with DigitalOcean, BigCommerce, RealPage, Volusion, and WebFX to achieve as many companies as potential.

accessiBe additionally helps companies uncover misplaced income alternatives from disabled customers who wouldn’t in any other case be capable of entry their on-line presence to buy items and companies.

“Our mission is to convey net improvement inside the technical and financial attain of anybody on the earth,” mentioned Aaron Geller, GTM lead at DigitalOcean.

“To that finish, we’re excited to collaborate with accessiBe to make the web absolutely accessible and make it simpler for anybody to construct their dream,” he added.

Elevated demand for web site compliance and accessibility

Digital accessibility for companies worldwide has change into a spotlight for a lot of corporations as a result of landmark latest litigation. SMBs now search for an answer that facilitates web site compliance and accessibility.

“K1 is happy to companion with Shir Ekerling and the accessiBe crew as they proceed their speedy international growth,” mentioned Mike Velcich, principal at K1. “accessiBe has a extremely differentiated product and distinctive method to fixing a essential want for all companies with an online presence. The corporate helps its prospects create a digital presence that’s accessible to all guests and potential prospects.”

K1 is a worldwide funding agency with over 90 professionals, aiding high-growth companies to attain profitable outcomes. It invests alongside robust administration groups that proceed to information their organisations on a day-to-day foundation.

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