'Paper' Developers Get $15 Million in Funding For Future Apps and Hardware - MacRumorsOpen MenuShow RoundupsShow Forums menuVisit ForumsOpen Sidebar
Skip to Content

'Paper' Developers Get $15 Million in Funding For Future Apps and Hardware

by

paperlogo.pngFiftyThree, the company that created popular iPad sketching app Paper, today announced that it received $15 million in funding for future projects, which will focus on both collaboration and physical creation.

We are especially focused on two areas:

TRUE COLLABORATION—Social media has changed the way we communicate, but real collaboration has been left behind. Still nothing has surpassed the simple act of sitting down in a room with a group of motivated people. We believe a breakthrough around collaboration will revolutionize the creative process. How we work together. How we discover new collaborators to work with.

PHYSICAL CREATION—Tools have helped us evolve and we've evolved to use tools as a way to extend our ability to express something. And that doesn't end at the touch screen. Moving beyond touch and into the physical world of accessories opens up creating with greater dexterity and expressiveness.

FiftyThree founder Georg Petschnigg expanded on those two concepts in an interview with The Verge, explaining that the team hopes to create "a suite of mobile tools for creativity." Currently, the company's only app is Paper, which is an intuitive sketching app that offers a quick way to capture ideas on a distraction-free canvas.

The app, which was designed by engineers who formerly worked on Microsoft's now-cancelled dual-screen tablet project Courier, won a 2012 Apple Design Award and was later named Apple's iPad App of the Year.

Top Rated Comments

168 months ago
What is really interesting is how stupid were Ballmer and Gate by killing the project because they didn't see any potential...

Now it's one of the best app on iOS.

They are the opposite of the definition of visionary.

Their original project was completely different from the app. You can look it up on the YouTube and see that this double screen thing is garbage and no one would buy it. It was made JUST for sketching. You wouldn't buy it.
Score: 1 Votes (Like | Disagree)

Popular Stories

iOS 27 on iPhone 17 1

iOS 27 Will Add These New Features to Your iPhone

Saturday May 2, 2026 8:43 am PDT by
Apple is expected to unveil iOS 27 during its WWDC 2026 keynote on June 8, and there are already many rumored features and changes for iPhones. The first developer beta of iOS 27 will likely be available immediately following the keynote, and a public beta typically follows in July. Following beta testing, the software update should be released to all users with a compatible iPhone in...
Apple Event Logo

Apple Just Released a New Accessory

Monday May 4, 2026 8:13 am PDT by
Apple today released a new Pride Edition Sport Loop for the Apple Watch. The band features a rainbow design with 11 colors of woven nylon yarns. The new Pride Edition Sport Loop is available to order now on Apple.com and in the Apple Store app in 40mm, 42mm, and 46mm sizes, and it will be available at Apple Store locations starting later this week. In the U.S., the band costs $49. There...
Apple Announces 2026 Pride Band Watch Face and iPhone Wallpaper Article 2

iOS 26.5 Coming Soon With These New Features

Monday May 4, 2026 8:40 am PDT by
iOS 26.5 is expected to be released next week, following more than a month of beta testing. The update is relatively minor, but there are a couple of new features and changes across the operating system that we have recapped below. iOS 26.5 lays the groundwork for end-to-end encryption for RCS in the Messages app and ads in the Apple Maps app, and it will include a new Pride wallpaper and a...
Related Apple News: Local News | Lifestyle | Technology | World News | Reviews