eyeSight Mobile Technologies, an Israeli developer of touch-free interfaces for digital devices, completed a $4.2m Series B funding.
The round was led by strategic investors CEVA, Inc. (NASDAQ: CEVA) (LSE:CVA), the licensor of silicon intellectual property (SIP) platform solutions and DSP cores, and Mitsui & Co. Global Investment, the investment arm of Mitsui & Co., Ltd., which invests in medical healthcare, Cleantech, IT and consumer services. Existing investors, including Prof. Eli Talmor, founder and chairman of the Coller Institute of Private Equity at the London Business School, who is the largest investor in eyesight, also participated
Led by CEO Gideon Shmuel, founder and CTO Itay Katz, eyeSight’s technology allows users to control mobile and portable devices with simple gestures by using the built-in camera, advanced real-time image processing and machine vision algorithms. The software can be integrated into devices, chipset, operating systems and applications, providing an easy way to extend the normal interface into new areas, offering greater interaction and user experience.
The company will offer its portfolio of touch-free interface technologies, including gesture recognition and finger tracking software for users as part of the CEVA-MM3000 image signal processing (ISP) and video platform.