4tiitoo announced a €3.1 million financing round backed by Sandra Berkson and angel investors from Germany
4tiitoo (forty two), a Munich, Germany-based startup specializing in gaze control for computer operation, announced closing a funding round of €3.1 million ($3.6M).
The money was raised from range of investors led by Austrian entrepreneur Sandra Berkson and a number of undisclosed business angels from the BayStartUP investor network.
The proceeds will be used for the marketing and further development of the current software platform NUIA Productivity+ as well as other smart eye-control solutions
4tiitoo, founded in 2013 by CEO Tore Meyer and Stephan Odörfer, developed a software solution that can replace a large part of the mouse interaction at the computer with natural gaze control.
Users can control links, buttons, and input fields directly by sight and to automatically scroll through content at a speed that is adapted to the reader’s pace.
In addition, the AI-based, self-learning software recognizes individual user behavior after only a short period of use, makes increasingly precise predictions and actively suggests expected user input. This technology, called “intention prediction”, creates a completely new dimension in the interaction with our devices, and is coming ever closer to natural communication between people.
4tiitoo's customers include companies in the sectors of financial services, insurance, automotive, engineering, utilities, and manufacturing