AudioEye, Inc. announced that it has received $0.6 million in funding
January 11, 2017
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On January 12, 2017, AudioEye, Inc. (NasdaqCM:AEYE) closed the transaction. The company raised $50,000 in its second and final tranche closing. The company issued 357,143 shares and 40,000 warrants in this tranche.
AudioEye, Inc. is a digital accessibility platform company that delivers Website accessibility compliance at all price points to businesses of all sizes. The Company operates in one segment as a provider of Internet content publication and distribution software and related services and enables the conversion of digital content into accessible formats and allows for real-time distribution to end users on any Internet-connected device. Its solutions are backed by machine-learning/artificial intelligence-driven technology that finds and fixes common accessibility errors. Its technology addresses a range of disabilities, including dyslexia, color blindness, epilepsy, and more. Its offerings include an always-on testing, remediation, and monitoring solution. The Company offers additional solutions, such as periodic auditing, human assisted technological remediations and legal support services. It also offers remediation services and Native Mobile App and Audit reports to help its customers.