UltraSense Systems Raises $20M in Series B Funding

UltraSense

UltraSense Systems, a San Jose, Calif.-based creator of touch user interface technology using 3D ultrasound for smartphones, cars, home appliances, IoT and medical devices, raised $20m in Series B funding.

The round, which brought its fundraising total to $24m, was led by Artiman Ventures and Robert Bosch Venture Capital with participation from Abies Ventures, Asahi Kasei Corporation, Hui Capital and Sony Innovation Fund.

The company intends to use the funds to continue to expand operations and its business reach.

Led by Mo Maghsoudnia, founder and CEO, UltraSense Systems builds ultrasonic user experiences with localized interfaces that bring surfaces to life. Its TouchPoint product line enables customers to deliver seamless and natural interactions on any surface, including metal, glass, wood, ceramic and plastic. The company has created a small ultrasound system-on-a-chip that can be used as a technology platform for delivering buttonless touch user interfaces in smartphones, consumer electronics, home appliances, automotive, IoT, industrial and medical markets.

The last month, they introduced the world’s first ultrasound system-on-a-chip sensor that enables touch sensing through virtually any material of any thickness.

FinSMEs

18/02/2020

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