Eonite Perception Completes $5.25M in Seed Funding

eoniteEonite Perception, a Palo Alto, California-based 3D mapping and tracking company, completed $5.25m in seed funding.

Backers included Lightspeed Venture Partners, Signia Venture Partners, Presence Capital, The VR Fund, Rising Tide, CLI Ventures, Andy Bechtolsheim (co-founder of Sun Microsystems and current founder, Chief Development Officer and Chairman of Arista Networks), Amr Awadallah (Founder and CTO at Cloudera), Greg Castle, Greg Richardson, Nader Shenouda, and others. In conjunction with the funding, Peter Nieh, founding Partner of Lightspeed Venture Partners, and Rick Thompson, Partner of Signia Venture Partners, are joining Eonite’s board of directors as observers.

Founded in December 2015 in Palo Alto by Chief Science Officer Dr. Anna Petrovskaya, CEO Youssri Helmy, and CTO Peter Varvak, Eonite Perception launched in 2016 with two products:
– Vantage Head Tracker™ tracking system for VR and AR headsets that runs at very low latency on a mobile class CPU, and
– Reality Insight™ SDK, a home scale, real-time, 3D scanning and reconstruction SDK and Unity plugin.
Both products are built on the company’s 3D mapping and ego-tracking system, which uses commodity dense depth sensors and has three key capabilities that enable it to operate in the real world: sub-millimeter accuracy, low latency, and robust global localization.

FinSMEs

05/05/2016

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