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TheStreet Open House

EyeSight Raises $4.2 Million In New Funding Round Led By CEVA And Mitsui & Co. Global Investment Ltd

Stock quotes in this article: CEVA, CVA

"Mitsui & Co. Global Investment Ltd. is delighted to have invested in eyeSight to support the continued success of its innovative gesture recognition technology that will help transform the way individuals interact with devices," said Katsuhiko Oizumi, CEO of Mitsui & Co. Global Investment Ltd. "We are excited at the prospect of working with the talented management team and the high quality co-investors to establish eyeSight as a key player in the gesture recognition market."

About eyeSight

eyeSight Mobile Technologies is a leader in touch-free Interfaces for consumer electronics. Its technology allows users to control mobile and portable devices with simple gestures by using the built-in camera, advanced real-time image processing and machine vision algorithms.

eyeSight will showcase its gesture recognition technology for Smart-TVs and digital devices at the 2012 International CES  show on January 10-13 in Las Vegas.

For more information, visit http://www.eyesight-tech.com.

About CEVA Inc.

CEVA is the world's leading licensor of silicon intellectual property (SIP) DSP cores and platform solutions for the mobile handset, portable and consumer electronics markets. CEVA's IP portfolio includes comprehensive technologies for cellular baseband (2G / 3G / 4G), multimedia (HD video, Image Signal Processing (ISP) and HD audio), voiceover packet (VoP), Bluetooth, Serial Attached SCSI (SAS) and Serial ATA (SATA).

Today, more than one in every three handsets shipped worldwide is powered by a CEVA DSP core.

For more information, visit  http://www.ceva-dsp.com.

About Mitsui & Co. Global Investment

Mitsui Global Investment (MGI) is a subsidiary of Mitsui & Co., Ltd., which invests in opportunities that have potential for growth. Headquartered in Tokyo, the company has offices in Silicon Valley, New York, Shanghai and Beijing and its investments reach beyond these geographical barriers, reflecting a diversified global portfolio.

For more information, visit http://www.mitsui-global.com.

Company contact: Liat Rostock Marketing Director eyeSight Mobile Technologies Email: Liat.Rostock@eyesight-tech.com Mobile: +972-54-4670-162

SOURCE eyeSight Mobile Technologies

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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