GestureTek receives investment from Telefonica
Telefonica, a telecom company based in Spain, has made a strategic investment in GestureTek, a gesture-recognition company based in Sunnyvale, Calif.
GestureTek’s “mouse alternative” technology essentially allows users to wave their hands in meaningful ways in order to relay commands to a computer with a video camera.
Telefonica’s investment makes a bit more sense in light of a specific GestureTek technology called “Eyemobile Engine,” which allows users to perform actions on their mobile phones by tilting them in different directions.
NTT DoCoMo, Japan’s largest cellular operator, also previously placed an investment in the company. GestureTek also has applications in personal computing and gaming.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.