Tanvas (previously known as Tangible Haptics), a Chicago, Illinois-based company that aims to transform the touchscreen into a full sensory experience, raised $5m Series A funding.
The round was led by R7 Partners with participation from Peak6, Northwestern University, and two Silicon Valley venture investors.
The company intends to use the funds to expand the development team as it advances toward commercial realization of its technology.
Co-founded by Ed Colgate and Michael Peshkin and led by Greg Topel, CEO, Tanvas Tanvas has developed patented technologies that aims to complete the touchscreen experience by combining multi-touch position sensing with control of the friction forces acting on the fingertips as they slide across the screen. Advanced algorithms modulate these forces so that users actually perceive that they are tangibly interacting with 3-dimensional objects on display devices. Applications include the education, gaming, entertainment, social media, automotive, and other sectors.