Leesburg, VA (PRWEB) November 09, 2012
Piedmont RIA through its affiliate Militello Capital, is pleased to announce it made a venture capital investment in Syntellia, Inc.
Syntellia was founded by Kostas Eleftheriou and Ioannis Verdelis. Their plan is to develop software solutions to real world problems based on the principle of Synthetic Intelligence – the application of human intelligence principles to the solution of computer problems.
The company’s first product in the market is Fleksy™, a virtual keyboard solution which outperforms all current market offerings both in terms of input speed and accuracy. Currently developed, patented, and ready to be integrated, Fleksy™ has superior auto-correct features that dramatically improve typing on touch sensitive devices – even when typing blind. The imaginative auto-correct functionality enables a number of user interface innovations which have not been possible to date. Though the solution can be applied to a familiar interface, they have already developed a completely re-designed user interface specifically for blind people which will for the first time make it possible for the visually impaired to use a keyless interface efficiently.
“Typing on smart phones has just made an evolutionary leap forward with Fleksy” remarks Bill Militello, Founder of Piedmont Investment Advisors. He continues, “Fleksy is an app that everyone and I mean everyone will use.”
“We are excited to have attracted such a diverse and strong panel of investors to Syntellia” says Ioannis Verdelis, Founder and COO of Syntellia. Fleksy is set to revolutionize the way people use mobile computing devices, and we are now accelerating the introduction of the technology to millions of users”
Using cutting edge pattern matching algorithms, Fleksy™ is far faster and easier to use, and more efficient than currently available virtual keyboard solutions, including those available on popular smartphone and tablet computer devices.
About Syntellia, Inc:
Inspired by the application of artificial intelligence in everyday technology, Syntellia is a new startup formed by young people with multiple successful exits in the industry. The company focuses on disruptive innovations that can revolutionize market sectors and make a real difference to the businesses to which they are applied.
Visit http://www.syntellia.com to learn more.
About Piedmont RIA:
Piedmont RIA, known as Piedmont Investment Advisors, LLC, located in Lansdowne (Leesburg) Virginia, is a registered investment adviser under the Investment Advisers Act of 1940. When Bill Militello, a graduate of the U.S. Naval Academy, founded Piedmont Investment Advisors in 2003, he set out to create not just another financial advisor or boutique investment firm, but rather to create a new “category” in financial services.
His view is that the delivery of investment advice by financial advisors was ripe for innovation, and it has been Militello’s vision to challenge the conventional model. He believes that asset allocation should not be constrained to just the public financial markets. To execute this philosophy, Piedmont Investment Advisors has developed a revolutionary investment model that is composed of three interdependent concepts: Liquidity, Wealth Creation, and Wealth Preservation.
Visit http://www.piedmontRIA.com to learn more.
The information contained herein should not be construed as personalized investment advice. Investing in venture capital companies involves some degree of risk and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security. The companies highlighted above are not necessarily the highest performing investments in the fund, but are noted as purchases made to date. The reader should not assume that investments in the companies identified were or will be profitable.