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Wednesday, January 20, 2010

FlatFrog raises €12.5m to commercialise its optics-based multi-touch technology (UK Technology Startups)

FlatFrog raises €12.5m to commercialise its optics-based multi-touch technology (UK Technology Startups)
FlatFrog Laboratories, a startup in Lund, Sweden, developing optics-based multi-touch kits and subsystems, has raised $18m to commercialise its technology with the backing of a UK company.
FlatFrog develops a line of large high-performance, multi-touch in-glass displays, initially for the education, gaming, hospitality and digital signage markets. The first product, a 40in full HD touch panel, starts shipping next quarter. The investment was co-led by Blackburn-based Promethean, a specialist in the rapidly growing global market for interactive learning technologies, and Invus, an international equity investor.

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