uSens Garners $20,000,000 Series A Funding

  • Feed Type
  • Date
    6/2/2016
  • Company Name
    uSens
  • Mailing Address
    1740 Technology Drive San Jose, CA 95110 USA
  • Company Description
    Founded in 2013, Silicon Valley-based uSens Inc. provides 3D interactive solutions for virtual reality and augmented reality. An innovative start-up, uSens is the first to offer 3D gesture recognition on mobile platforms and first to combine virtual and augmented reality.
  • Website
    http://www.usens.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    This new investment will help uSens launch in 2016 its trailblazing, inside-out 26DOF (degrees of freedom) hand tracking and 6DOF head tracking tools.
  • M&A Terms
  • Venture Investor
    Fosun Kinzon Capital
  • Venture Investor
    Fortune Investment Group
  • Venture Investor
    Undisclosed