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Picsel Technologies

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Software company developing products for handheld devices such as mobile phones and tablets

The Percy Group, AustraliaFounded 1998Other B2B Software
Valuation $250–500M Last recorded · 2007
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Picsel Technologies

Picsel Technologies, founded in Glasgow, Scotland in 1998 by Imran Khand and Dr. Majid Anwar, specialized in developing software for mobile and handheld devices. Khand, with a degree in Computer Science from Paisley University, had established two other technology companies before co-founding Picsel. The company's core offering was software that enabled viewing and editing of office documents on mobile phones, a significant development in the pre-smartphone era.

The firm's business model centered on licensing its software to original equipment manufacturers (OEMs). Its technology was incorporated into over 600 million handsets worldwide, with major clients including Samsung, LG, Sharp, Sony Ericsson, and Motorola. One of the most well-known devices featuring Picsel's software was the Samsung SGH-D600 mobile phone. Picsel's main product, which eventually became known as SmartOffice, was recognized for its cross-platform compatibility and high-fidelity document rendering. The company's success led to it being named Scotland's software company of the year in 2007 and receiving the Queen's Award for Enterprise in 2008.

Despite its initial success and raising significant venture capital, Picsel Technologies faced persistent financial challenges. The company entered administration in July 2009 due to cash flow problems stemming from customers delaying new product developments during the economic downturn. What followed was a series of restructurings, including a management buyout that formed Picsel UK Ltd, which continued to develop the technology. This entity also entered liquidation in 2012, succeeded by Smartoffice Technologies Ltd, which itself went into administration in 2013. In February 2014, the remaining intellectual property, including the source code and the Picsel and SmartOffice brands, were acquired by Artifex Software Inc. Artifex has continued to develop and license the SmartOffice technology, making it available through app stores for various platforms and continuing the OEM licensing model established by Picsel's founders.

Source: Dealroom company data

At a glance

Status
Closed
Founded
1998
Headquarters
The Percy Group, Australia
Employees
20
Open positions
None listed
Dealroom signal
0.0/100
Industry
Enterprise Software
Sector
Other B2B Software
Business model
SaaS
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Feb 2007 $47M $186M ARM · DCM · Daiwa Securities Group · Softbank Capital —
SERIES BOther financing Apr 2002 $6M $24M SBVA · BancBoston Capital —
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Growth signals

Picsel Technologies website traffic

Latest recorded traffic for Picsel Technologies is 200 monthly website visits, down 23.1% over the last three months. Picsel Technologies's team grew 0% over the past year.

Latest monthly visits200 3-month web change-23.1% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

Series B and later6 investors entered at this stage

Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇦🇺 Australia · The Percy Group HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Picsel Technologies on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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