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Canesta Raises $16 Million for 3D Image Sensors

Authored by Mark Hefflinger on October 21, 2009 - 7:28am.
Sunnyvale, Calif. - Canesta, a developer of 3D image sensors, announced on Wednesday that it has raised $16 million in new financing, from returning backers Carlyle Growth Partners, Hotung Venture Group and Venrock, and new investors Quanta Computer and SMSC.

Sunnyvale, Calif.-based Canesta's 3D camera chips provide a real-time, 3D "depth map" of the surrounding area to PCs, and consumer electronics like televisions, video games and smartphones.

The technology can be used for hands-free gesture control, facial recognition, avatar control in virtual worlds and other augmented reality applications.

Canesta will use the funds for business expansion and working capital.

 

Related Links:
http://canesta.com/corporate/press-releases/102109

Published in DMW Daily, October 21, 2009
tags: Games | Deals | VC | Venrock | Canesta | Carlyle Growth Partners | Hotung Venture Group | Quanta Computer | SMSC |



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