AbleSoft Co., Ltd. Develops 'Electronic Whiteboard for Non-Face-to-Face Remote Lectures'

Decision to Secure Seed Money Investment from Korea Venture Investment Association

'Electronic Whiteboard' developed by AbleSoft Co., Ltd., a tenant company of Gyeongnam Creative Economy Innovation Center. (Photo by Gyeongnam Creative Economy Innovation Center)

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Choi Hyun-joo] AbleSoft Co., Ltd., a tenant company of the Gyeongnam Creative Economy Innovation Center, succeeded in attracting approximately 70 million KRW in Seed-stage investment from the Korea Venture Investment Association on the 1st.

The Seed stage refers to the initial capital investment that a startup raises until it starts generating revenue or receives other investments.

The electronic whiteboard software ‘Podo (Post Document)’ developed by AbleSoft has already proven its efficiency in the lecture market through continuous sales since its launch last year. Moreover, with the outbreak of COVID-19, they developed a ‘real-time interactive remote classroom solution’ that can compensate for the biggest weakness of non-face-to-face education.

This solution is equipped with ‘gaze tracking technology’ that allows real-time monitoring of learners’ lecture concentration. The AI-based ‘face similarity analysis’ fundamentally blocks proxy attendance and proxy exam-taking by others.

Lee Dong-hyung, head of the Gyeongnam Creative Economy Innovation Center, said, “It is a typical model of successful startups for early-stage startups to safely establish business plans through government support projects, read changing market trends to advance their items, and receive early investments to expand their business.”

This content was produced with the assistance of AI translation services.