The venture capital arm of semiconductor chip making giant Intel has led a €20m funding round for FlatFrog Laboratories, a Swedish developer of touchscreen technologies.
The round also received strong backing from existing investor Invus. Sunstone Capital, also an existing investor, also helped close the round.
The company said it will use the funds to expand its team to help it accelerate the development and commercialisation of its multi-touch technologies for consumer electronics products in the personal computing space.
FlatFrog’s Planar Scatter Detection (PSD) technology detects up to hundreds of simultaneous touches and drags using complex algorithms to track light travelling inside the cover glass of a screen.
The technology is based on optics instead of the traditional capacitive electronic fields used in the majority of today’s touch-enabled mobile devices.
As a result, touch screens based on PSD detect not only input from bare fingers, but also from gloved fingers, passive styli and many other common objects such as pencil erasers.
Flatfrog was founded in 2007 and today holds more than 60 patent families in optical wave-guide touch technology.
The company recently began shipping the 32-inch FlatFrog Multitouch 3200, its first product based on PSD technology.
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