The internet access platform AccesssiBe announced that it has received financing from the global investment firm K1 Investment Management, LLC. The $12 million capital will be used to develop the North American market and improve services to customers and partners.
The internet remains largely inaccessible for people with disabilities. Up to 98% of the websites do not make full use of the standards necessary to enable people suffering from violations to use and navigate the websites. This is despite the fact that the Web Content Accessibility Guidelines (WCAG) and laws such as the US Disability Act have been in force for more than ten years, both of which determine which websites should be accessible.
Membership of the WCAG remains a challenge for the economy. Site owners must carry out extensive audits and adapt their sites to meet the WCAG’s technical standards and success criteria. This often requires technical knowledge and experience that is not available in many small companies. That’s why many people even refuse access altogether.
However, companies, especially those based in the United States, cannot afford to postpone compliance for a long time. In recent years, the number of lawsuits and claims against non-compliant institutions has increased. In 2018, 2,258 internet-related cases were filed with the U.S. federal courts.
accessiBe is committed to helping website owners achieve compliance by using Artificial Intelligence (AI) and Machine Learning (ML) to automate the assessment and correction processes needed to make websites accessible to people with disabilities. The AI platform analyzes websites for accessibility problems and automatically applies the necessary adjustments to bring them in line with the ADA within 48 hours or less.
Once integrated into the website, accesssiBe adds an access panel so that users can make visual adjustments according to their needs. People with engine problems can choose to navigate the keyboard to view the site content. Flashing GIFs, animations and videos, which can cause epileptic seizures, can also be easily disabled. There is also a built-in dictionary to help seniors and people with cognitive impairments understand abbreviations, jargon and unusual expressions.
The accesssiBe platform has already made more than 21,750 websites available to small businesses and industry leaders, including BigCommerce, Volusion and Digital Ocean for users with disabilities.
The partnership with K1 can help stimulate the growth of AccesssiBe and achieve the goal of making the entire Internet truly accessible to all by 2025. The investment company has a strong portfolio and has helped more than 125 software companies grow their business.
Peter Davidson is a senior partner who helps brands and start-ups make effective business decisions and plan the right business strategies. He is a gadget lover who likes to share his vision on the latest technologies and applications.