EyeSight catches $20m from Kuang-Chi

May 6, 2016 • Thierry Heles

Touch-free interface designer EyeSight, already backed by Ceva and Mistui, has attracted $20m in capital from Chinese conglomerate Kuang-Chi.

Israel-based embedded computer vision technology developer EyeSight Technologies raised $20m in funding on Wednesday from conglomerate Kuang-Chi.

Founded in 2005, EyeSight produces technology that adds touchless gesture control to consumer devices such as smartphones, tablets, computers, televisions and virtual reality headsets. The company also offers an internet-of-things platform named Singlecue for the smart home.

The money will be used to support global growth. EyeSight and Kuang-Chi will also launch joint-initiatives in Hong Kong and China to bring EyeSight’s technology to…

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