Leap Motion Closes $30M Funding


Leap Motion, a San Francisco, CA-based company that provides motion-control software and hardware for human/computer interaction, closed a $30m funding.

Backers include existing investors (which are Highland Capital Partners, Andreessen Horowitz, Founders Fund, Brian McClendon, Bill Warner and Max Woon).

The company intends to use the capital to scale manufacturing in preparation for the retail launch of their controller in early 2013.

Founded in 2010 by CEO Michael Buckwald and David Holz, Leap Motion has developed 3-D motion-control and motion-sensing technology. Their first product, the Leap Motion controller, which will be available in early 2013, lets users navigate and interact with computer applications using natural hand and finger movements.

FinSMEs

03/01/2013

Related News

09/05/2012 Leap Motion Raises $12.75M in Series A Funding

 

Join the discussion