OpenPeak, a company that develops multimedia touch-screen devices and device management platforms, has secured an additional $52 million of financing from Intel Capital, Horizon Technology Finance and Velocity Financial Group.

The company recently announced the OpenTablet 7, a portable, touch-screen device that is similar in many ways to Apple’s iPad. The investment from Intel isn’t surprising considering that OpenPeak’s device is based on Intel’s Moorestown platform. The tablet also includes thousands of apps for its platform and and the app ecosystem is completely Flash-based (as opposed to the iPad, which doesn’t support Flash).

OpenPeak says the funding will be used to expand product development and enter new markets. The company also develops a multi-media phones, set-top box, and home energy management applications.

Crunchbase

• OPENPEAK

Company: OpenPeak

Website: openpeak.com

Funding: $52M

OpenPeak, Inc. creates, designs, and develops communication systems and devices for VoIP telephony, digital media, Internet content, messaging applications, consumer electronics, and information and entertainment applications. The company focuses on providing VoIP multimedia telephony systems. It offers OpenFrame that displays photos, music, and videos; OpenFrame 2.0, which enables users to make calls, play music, share photos, and organize their household; handsets and cradles; and OpenTablet, which enables users to access organization, information, and entertainment applications, including photos, videos, music,...

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