Gestigon GmbH, a Lübeck, Germany-based developer of middleware algorithms that work with 3D depth sensors to recognize human poses, gestures and biometrical features, closed a third financing round (Series A) of several million US dollars.
The round was led by nbr technology ventures GmbH, with participation from Vorwerk Direct Selling Ventures and High-Tech Gründerfonds.
The company will use the funds to accelerate growth in its business.
Co-founded in 2011 by Moritz v. Grotthuss (CEO) and Sascha Klement (CTO), Gesticon focuses on licensing its gesture control and skeleton tracking middleware to key corporates in the automotive (where it has a global market leadership), consumer electronics, and augmented/virtual reality industries, including head mounted devices.
The company, which has 27 employees, also operates a project office in Sunnyvale/USA.