Gesture recognition firm Rithmio, a spin-out of University of Illinois at Urbana-Champaign, raises $3m seed round.

Rithmio, a US-based gesture recognition spin-out of University of Illinois at Urbana-Champaign, has raised a $3m seed round.

The round was co-led by Intel Capital, the corporate venturing unit of the chip developer, and KGC Capital. The two were joined in participation by MAS Capital, OCA Ventures, Hyde Park Ventures Partners, Hyde Park Angels, Foley Ventures, MKRC Ventures, Serra Ventures, and New Coast Ventures.

Prior to the seed, Rithmio secures $650,000 in an angel round backed by a Hyde Park and a number of early-stage VCs and angel investors.

Adam Tilton, CEO and co-founder of Rithmio, said: “The funds will help us expand our team with algorithm engineers, Android, iOS, embedded and web developers, and also a business development lead. We’ll strengthen our wearable tech partnerships, release our gesture recognition SDK and collaborate with developers to ship products built on Rithmio’s platform.”