Multi-touch technologies developer N-trig raised $33 million

noreply@blogspirit.com (ARPU~UP) — Wed, 20 Feb 2008 16:30:00 +0100

Mobile computing pen and multi touch technologies developer N-trig has completed a fund-raising round of $28 million from Canaan Partners, Evergreen Venture Partners. In addition to the investment round, N-trig has recently secured a credit facility of $5 million from venture lending fund Plenus.

N-trig’s DuoSense technology, combining pen and zero-pressure touch for mobile computers into a single device, is now being deployed by Dell Computer. Other major brands are expected to announce new products, which raises the bar on the next generation of notebook PCs and other mobile devices currently in development.

“The computing user interface is on the verge of a major shift: after using a mouse and a keyboard for many years, the market is seeking an enhanced user experience,” said Boaz Dinte, Managing Partner at Evergreen Venture Partners. “We believe that N-trig’s DuoSense will lead this revolution, positioning it as the premier technology in both tablet PCs and mobile devices.”

N-trig develops natural input digitizer solutions for notebook PCs and mobile computing devices. N-trig was founded in 1999 by Dr. Meir Morag, the company current president. N-trig maintains its global headquarters in Kfar Saba, Israel and has a regional presence with offices in Austin, TX and Taipei, Taiwan.

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Israel Science Technology - mobile_computing

Multi-touch technologies developer N-trig raised $33 million