Gestigon Closes Series A Financing

gestigongestigon, a Lübeck/Germany-based provider of gesture control software solutions, closed a seven-digit-USD Series A financing.

Backers included High-Tech Gruenderfonds (HTGF), MBG-SH, one of the founding shareholders and three high net worth business angels.

The company intends to use the funds to enhance the customer orientated business development in Europe and North America as well as to set up a presence in Asia.

Led by Moritz v. Grotthuss, CEO, and Sascha Klement, CTO, gestigon develops software solutions for skeleton tracking and gesture control on the basis of 3D depth data for the markets consumer electronics and automotive. The company has closed deals with a relevant global partners in consumer electronics, especially PC-systems, laptops and mobile devices and two solutions will be launched at the CES2015 in Las Vegas beginning of January.

gestigon has a business development office in Sunnyvale/USA and has 22 employees.



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