Highland Capital Partners-backed Leap Motion, which provides hardware and software for controlling TV with hand gestures, has closed a $30m financing round from its existing investors.
The company said it would use the funding to scale its manufacturing in preparation for the retail launch of its Leap Motion controller early this year.
Leap says its controller can detect movements to within a hundredth of a millimetre and has a 150 degree field of vision.
Highland Capital general partner Peter Bell said, “When we first invested in Leap Motion it was a couple of brilliant minds with a revolutionary technology.
“In just months it’s blossomed into a fast-growing company on the brink of completely reinventing the way the world interacts with technology.
“Leap Motion is here to stay.”
The company also announced an OEM bundling partnership today with computing company ASUS.
In November Highland hired former Google executive Manish Patel as partner in its Menlo Park office.
He will focus on growing the firm’s consumer internet, mobile and digital media practice, especially the emerging market of companies which use technology to solve problems at a human scale.
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