uSens Secures $5,500,000 Series A Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3fd94165-757f-4e5f-a7e5-fd102904a3b2
Date
9/15/2015
Company Name
uSens
Mailing Address
97 E Brokaw Rd. San Jose, CA 95112 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
$5,500,000
Transaction Round
Series A
Proceeds Purposes
This funding gives us the financial strength to support the explosive growth we anticipate over the coming months.
M&A Terms
Venture Investor
IDG Ventures
Venture Investor
Lebox Capital
Venture Investor
Undisclosed