• OcuSpec Raises 1.3M From Andreessen And Others To Build An "Affordable Kinect"

    Friday, June 10th, 2011

    Alexia Tsotsis is the co-editor of TechCrunch. She attended the University of Southern California in Los Angeles, CA, majoring in Writing and Art, and moved to New York City shortly after graduation to work in the Media industry. After four years of living in New York and attending courses at New York University, she returned to Los Angeles in... → Learn More

    Stealth motion control startup OcuSpec has just raised a $1.3 million seed round from Andreesen Horowitz, Founders Fund, SOSventures International and angels Brian McClendon, Bill Warner and others.

    Short and sweet in his emails, founder Michael Buckwald isn’t telling me very much about OcuSpec does, other than the fact that the startup is developing motion controlled technology that is “radically more powerful and affordable than anything currently available.”

    From what I’ve gathered it will be sort of like a poor man’s Kinect, except that it will work across any platform. Lest you think this is a pipe dream, the startup currently has functional demo units that can track movement from a user’s hands and body, allowing 3D motion control to be embedded in anything from a laptop to a TV. Cool.

    Says Buckwald, “Obviously our technology has big ramifications for gaming but we’re particularly excited about the implications that ubiquitous motion control has for the broader computing experience and content creation. ” Not to mention the exercise video industry.

    Buckwald and his former NASA engineer co-founder David Holtz will be using the newfound cash to hire more people and expand their “already extensive” patent portfolio. Sounds promising.

    Company: Leap Motion
    Website: leapmotion.com
    Launch Date: October 1, 2010
    Funding: $14.1M

    Leap Motion (previously OcuSpec) is a stealth company currently developing motion control technology that is radically more powerful and also significantly less costly than existing technology.

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