Together with existing investors MIG Funds and Danube
Equity, Robert Bosch Venture Capital (RBVC) announced the completion of a 7.1
million Euro investment round in IDENT Technology.
The investment supports strong growth plans and the
introduction of a 3D gesture recognition chip.
IDENT Technology, welcomed RBVC among its investors. Existing investors MIG Funds and Danube Equity also
participated in the round.
Our Z-Sense technology is all about making the user
experience natural, intuitive, simple and fun”, said Roland Aubauer, chief
technology officer of IDENT.
With our proximity technology already in production we have decided to take
our innovations further and launch our own GestIC chip for the fast growing
three-dimensional gesture control market in 2012.”
The GestIC addresses mobile devices of the consumer
electronics industry and allows real-time tracking of free space hand or finger
movements in front of a device or display.
The chip enables a broad range of signals from simple
touch detection over sophisticated 3D gesture recognition to dynamic positional
data of the user’s hand. The technology advantages lie in its detection range,
high resolution, robustness and very low power consumption.
RBVC is the venture arm of one of the world leading
innovators. This investment is a proof of IDENT’s unique Intellectual
Property,” said Michael Motschmann, chief executive officer of MIG Funds.
By Telecomlead.com Team