11/14/2006
EPOS secures $10.5 million from Intel Capital, Walden Israel and JVP
Digital positioning technology developer EPOS Technologies has secured $10.5 million in funding round led by Intel Capital and Walden Israel with participation by JVP and additional investors. EPOS will use the funds to launch EPOS-enabled products via its partners, in this year Christmas shopping season.
"EPOS' digitization of the acoustic signal allows for positioning solutions that are low-cost and low-power without sacrificing high resolution," said Steve Gray, Senior Investment Manager of Intel Capital Israel. "These are characteristics of digital positioning that could finally pave the way to broad consumer acceptance in a wide variety of applications."
EPOS' advanced digital positioning technology enables a number of consumer electronics products in the input device, touch-screen and notebook markets, among other industries. The company works closely with various consumer electronics companies and partners to transform core EPOS technology into mass market commercial products. Products and solutions that can benefit from EPOS positioning technology include wireless digital pen and mouse peripherals, digital pen and USB flash drive bundles and notebook touch-screens.
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17:10 Posted in Consumer Electronics | Permalink | Comments (0) | Email this | Tags: wireless digital pen, mouse peripherals, walden israel, usb flash drive, intel, epos
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