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eyeSight gets $4.2m for gesture technology

Posted By Viva Sarah Press On November 24, 2011 @ 8:41 am In | No Comments

Doing ordinary tasks with the swipe of your hand is about to become an even bigger part of everyday life. At least that’s the plan Israeli eyeSight Mobile Technologies has following its latest $4.2 million round of funding, led by IP licensing firm CEVA and Japanese tech investment firm Mitsui & Co Global Investment.

The company developed a platform for hands-free, gesture-control for home, gaming and industrial use. Its technology allows users to control mobile and portable devices with simple hand gestures by using the built-in camera, advanced real-time image processing and machine vision algorithms.

As part of the deal, eyeSight will make its gesture recognition and finger tracking software available to users of the CEVA-MM3000 ISP and video platform. Android, Windows, Linux and Apple are already supported by eyeSight’s Hand Gesture Recognition Technology.

“This equity investment in eyeSight is aimed at expanding the addressable markets for our CEVA-MM3000 platform to include the burgeoning embedded vision and scene analysis arenas,” said CEVA CEO Gideon Wertheizer, in a statement. “We are strategically focused to further enhance our DSP and platform ecosystems, providing our customers with broader solutions to enable true product differentiation and to shorten their time to market.”


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