Reading a physical copy of a book or newspaper seems increasingly like a quaint idea, but French startup Quotle is determined to keep the joy of the traditional way alive with a service that enables readers to grab quotes or text from their favorite literary works and share them with friends (or save it for yourself, if that is preferable).
Quotle, currently available solely for iOS (although a version for Android is coming “soon”), functions by allowing users to scan a section of the book that they are reading, with the help of Optical Character Recognition (OCR) technology, and to then design a text card with custom fonts and colors, which can be saved with Evernote and Quotle, sent by email, or shared with others through social networks like Facebook and Twitter. Quotle has uploaded an Instagram video to offer an idea of how the technology looks in action. Those who have used services like Twitter will recognize certain elements of Quotle’s platform, as users have the option of following others and then liking, favoriting, and commenting on content that they publish.
Quotle is currently completely free to use, but, like virtually any other startup, they need to generate revenue somehow. In terms of monetization, Quotle is planning to generate revenue through an affiliation program with Amazon and releasing the OCR API to developers. In addition to catering to book-lovers, Quotle says that they are aiming to popularize OCR as a service platform for app developers.
Quotle, which is currently being built a 3-person team located in France and New York City, launched in early October and founder Olivier Desmoulin tells me that that they have attracted about 1,000 users. The project has been funded by Desmoulin so far, but he says that the startup is in talks with investors.