Rithmio Raises $650k For World's First Gesture Recognition Platform With Automatic Learning
Rithmio, the gesture recognition software company that has developed the world’s first platform that automatically learns new user-defined gestures, has announced that it has raised $650,000 in a seed round led by Marcin Kleczynski, CEO of Malwarebytes, to accelerate the development of its gesture recognition platform.
Illinois Ventures, Techra Investments, Hyde Park Venture Partners, Serra Ventures, BonaVentura and Fox Ventures also participated in the round.
Rithmio aims to help brands create gesture-based products that exceed current market standards for accuracy. The platform integrates with devices like smartphones and wearables and can be applied to a variety of industries including fitness, gaming, healthcare, and security.
The company’s advanced gesture recognition platform automatically learns new patterns of movement from motion sensor data. After learning the patterns, the software can “automatically and accurately detect, classify and analyze gestures in real time, including the subtle nuances unique to the way an individual performs a gesture,” according to the company’s release to VentureBreak.
“Gesture recognition is the definitive catalyst to tying the digital world to the human physical world – and a problem that Rithmio has solved with incredible robustness, opening huge commercial potential with big brands and developers,” said Guy Turner, managing director of Hyde Park Venture Partners.
“We are incredibly energized by the support we have received,” said Adam Tilton, co-founder and CEO of Rithmio. “We plan to utilize the funding to expand our product team with additional web and mobile developers. Additionally we’ll ramp up our new business and marketing programs.”