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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11/22/2006
3DV Systems raised $15 million from Kleiner Perkins and Pitango Venture Capital
3DV Systems, a provider of three dimensional video technology, has raised $15 million in new financing round from Kleiner Perkins Caufield & Byers and Pitango Venture Capital. In addition, Elron Electronic Industries and RDC-Rafael Development Corporation, the two major shareholder of 3DV, will convert approximately $5.1 million of shareholder loans into shares of 3DV.
Established in 1997 and headquartered in Yokne'am, Israel, 3DV has developed a unique proprietary technology which enables cameras to capture the depth dimension of objects in real time, high speed and very high resolution. The technology can revolutionize man-machine interface in multiple fields, and the company aims to initially supply camera chipsets to the video gaming and PC webcam markets.
3DV Systems will attend the Consumer Electronics Show, due to take place in Las Vegas, Nevada, 8-11 January 2007, and present its new webcam, Z-Sense, and chipset, DeepC, to select potential partners and customers.
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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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02/07/2006
MusicGenome introduces the Smart DJ – a new Innovative fun product for the global cellular market
MusicGenome, the leading expert in Artificial Intelligence (AI) and Music Cognition, announced today the release of Smart DJ – a new innovative fun product for the global cellular market. Smart DJ offers 3G mobile phone users the ultimate in digital music experience, by creating a new online entertainment service that accurately analyzes listeners' music preferences and then delivers a stream of mp3 songs totally in-sync with the listener's taste.
The Smart DJ is available via the following platforms: IMS, WAP, embedded on the phone, web and as a downloading terminal in retail stores. MusicGenome will be showcasing the Smart DJ product as part of the Israel Mobile Industry Event at 3GSM World Congress, in Barcelona (February 13th -16th, 2006) - Live Demo center Hall 1 Booth D10.
"The Smart DJ combines the technology edge of the 3G handsets and network with real time personalized end user experience," said Dr. Dan Gang, MusicGenome's Founder and CEO. "Smart DJ is unique with its innovative approach and technology, with a rich tools set for listening to diverse channels, intuitive searching, Music DNA editing and for generating diverse play-lists".
Sales of music via the internet and mobile phones proliferated and spread across the world in 2005, generating sales of US$1.1 billion for record companies - up from US$380 million the previous year - and promising further significant growth in the coming year. According to IFPI’s Digital Music Report 2006.
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01/07/2006
EPOS launched the first mobile digital pen and USB flash drive device
Digital positioning application provider, EPOS, has launched the next generation in USB Flash Drive devices and applications - digital pen & USB flash drive. This all-in-one, mobile mini-office product enables consumers to capture, write and store hand-written notes wirelessly and in real-time everywhere and anywhere, by leveraging a digital pen with flash memory capabilities.
"We believe that the Digital Pen & USB Flash Drive will provide a far more efficient and convenient solution to consumers, students and business people everywhere who are continuously carrying bulky laptops and tablet PCs to meetings and classrooms,” said Oded Eliashiv, chief executive officer of EPOS. “This product, at a fraction of the size and weight of a laptop, can be used with any type of paper, and enables users to capture and store notes, sketches or anything drawn by the human hand, in real-time. Users can then go back to their office or home and download all the information to the computer, to use whenever they wish.”
EPOS recently launched its first product, the wireless digital pen & mouse solution. Based on EPOS’ digital acoustic 3D positioning technology, the product enables users to wirelessly capture and display handwritten notes on a PC, point and click with full mouse functionality, draw and share sketches digitally via email and messaging applications and transform handwritten notes to text, all seamlessly and in real-time.
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