PrimeSense
Acquired
Hardware Technologies
Artificial Intelligence

Business Overview

DESCRIPTION

PrimeSense has developed a system that uses an infrared projector and camera and a special microchip to track the movement of objects and individuals in three dimensions. The system can interpret specific gestures, making completely hands-free control of electronic devices a reality.

FOUNDED
June 2005
BUSINESS MODEL
B2B
OFFERING TYPE
Hardware, Software
TOTAL FUNDING
$79.4 Million
SECTORS
Hardware Technologies

Funding Rounds

Date Announced

Funding Round

Amount Raised

Investors

June 2011
Private Equity
$50 M
August 2006
Series A
$9 M

AI Technology Stack

AI EMPLOYEES
3
AI TYPES
Artificial Intelligence
CONSULTING PARTNER

Exit Event

TRANSACTION
Acquisition
DATE ANNOUNCED
November 2013
ACQUIRER
Apple
CONSIDERATION
$350 M