Kinect tech firm gets $50m

James Batchelor
Kinect tech firm gets $50m

Up-and-coming Israeli firm PrimeSense has received $50 milling in funding.

The company created some of the technology behind Kinect, as well as other devices that scan users and react to their gestures.

The funding came from US private equity firm Silver Lake, as well as PrimeSense’s existing investors: venture capital firms Gemini, Genesis and Canaan Partners. Investment in the company now sits at $79 million, according to Globes.

CEO Inon Beracha revealed PrimeSense is developing similar technology to that of Kinect to other devices.

“[Our next step is] to bring our products not just to the living room, but also to mobile computers,” he said. “Later, we’ll expand to all electronic devices in order to make them more user-friendly.”


Tags: Microsoft , kinect , investment

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