Wednesday, May 7, 2008

Prime Sense develops technology that enables real time, low cost three dimensional machine vision got $20.4 million in funding

What Company is Offering:

Prime Sense develops technology that enables real time, low cost three dimensional machine vision. The technology enables users to interact with consumer devices in a simple and intuitive way. A series of technological breakthroughs makes it the first company to offer affordable 3D machine vision solution for the consumer market. The device enables intuitive full body interaction for gaming, gesture based interface and background replacement for video communication/chat and self generated content applications.

How Much They Got From VCs:

Prime Sense announces that it has completed a second round of funding, raising $20.4 million. The round was led by Canaan Partners and included A round investors, Gemini Israel Funds (who also provided the seed funding) and Genesis Partners.

Prime Sense develops innovative technology that provides digital devices with three dimensional vision, enabling users to interact, in real time and at low cost, with consumer devices in a simple, intuitive way.

"We, at Prime Sense, work closely with our customers to develop a unique set of experiences. This engaging and highly interactive set of experiences will drive a mass market of consumers to buy products that are based on our technology. The funds raised will enable the company to shift from the development phase to sales," says Inon Beracha, CEO of Prime Sense.


More at: www.primesense.com.

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