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05/06/2008
3D sensing technology provider Prime Sense raised $20.4 Million
3D sensing technology provider Prime Sense raised $20.4 million in second round of funding led by Canaan Partners and included A round investors, Gemini Israel Funds and Genesis Partners. The funds raised will enable the company to shift from the development phase to sales, according to Inon Beracha, CEO of Prime Sense.
"We believe that the company's breakthrough technology positions it as a market leader in the fast growing arena of 3D machine vision, and we are delighted to see the market traction that Prime Sense is gaining with major brands," says Izhar Shay, a venture partner at Canaan Partners, who has joined the company's Board of Directors.
Prime Sense develops innovative 3D sensing technology that provide any digital device with the ability to see and understand the world in 3D just like humans do. The Israeli startup is focused on deployment of the technology in video game and Consumer Electronics. The company was founded in 2005 by by Aviad Maizels, the company's President, and includes Alex Shpunt, Dmitri Rais, Ophir Sharon and Tamir Berliner.
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17:15 Posted in Consumer Electronics | Permalink | Email this