Wednesday, June 15, 2016

Pinterest acqui-hires team behind smart keyboard app Fleksy

Pinterest's logo outside of its San Francisco, Calif. headquarters.




Pinterest announced today that it has acquired the team behind the smart keyboard app Fleksy. The visual search engine company is not picking up the technology and the app itself will remain operational “for the foreseeable future.”


Financial terms of the deal were not disclosed, but Pinterest revealed that Fleksy founder and chief executive Kosta Eleftheriou will be joining the company's product engineering team.


“Pinterest is intensely focused on refining the mobile experiences that make it possible to flow effortlessly through our catalog of ideas - on any device, any place in the world,” said Scott Goodson, Pinterest's head of core experience, in a statement. “The Fleksy team is made up of truly noteworthy engineers and  world experts in their areas. These technical artists have a history of developing architecturally innovative, highly optimized software.”


Founded in 2011 by Eleftheriou and Ioannis Verdelis, Fleksy sought to change the way we communicated with our mobile devices, offering a touchscreen keyboard that was it billed would be faster, more accurate, and easier. It competed alongside the likes of Swiftkey, Swype, and others. And although it had raised $5.9 million in venture funding from investors like Highland Capital Partners, Kleiner Perkins Caufield & Byers, and Middleland Capital, it seemed to be eclipsed by Microsoft's acquisition of Swiftkey in February.


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Pinterest acqui-hires team behind smart keyboard app Fleksy

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