Elliptic Labs gets investment from Eltek Holding

Norway 05 May 2016
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Eltek Holding, an Oslo, Norway-based investment company announced that it recently invested in Elliptic Labs, a company that have developed technology and solutions that tap into the vast opportunities created by the “internetification” of things.

Elliptic Labs’s has developed ultrasonic sensing technology that provides 3D touchless gesturing for consumer devices, creating more intuitive ways for users to navigate content and access information, while making devices more beautiful.

The technology can be integrated in mobile devices and other ‘things’ connected to the Internet. Ultrasound offers the best combination of high resolution, 180-degreee interaction space and lower power consumption compared to camera and other sensing technologies. Elliptic Labs is a privately held company with offices in San Francisco, California; Shanghai, China; and Oslo, Norway. It was established in 2006 as a spinoff from the signal processing environment at the University of Oslo

Total investments received (USD): 23.96M

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