Affectiva Garners $5,700,000 Series B Financing

  • Feed Type
  • Date
    7/19/2011
  • Company Name
    Affectiva
  • Mailing Address
    411 Waverley Oaks Road Waltham, MA 02452
  • Company Description
    Affectiva grew out of collaborative research at the MIT Media Lab to help people on the autism spectrum. We apply innovations in affective computing to help solve difficult problems that stem from misunderstanding how people feel. Our customers are people in science and industry who use new technology that helps improve understanding of emotion.
  • Website
    http://www.affectiva.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,700,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Affectiva will use the financing to accelerate the development and marketing of Affdex, a software solution for emotion recognition.
  • M&A Terms
  • Venture Investor
    WPP
  • Venture Investor
    Undisclosed