Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Leap Motion

1,111 views

Published on

Leap Motion is the maker of the Leap Motion Controller. It uses proprietary advanced motion sensing technology for human–computer interaction.

  • Be the first to comment

  • Be the first to like this

Leap Motion

  1. 1. EECS 441 Company Profile Fall 2013 Presentation by: Jill Bender
  2. 2. Products • Leap Motion Controller  $79.99 – Best Buy  Two cameras and 3 infrared LEDs  Hemispherical area about 1 meter  Comes with software for Mac/PC • Airspace  Leap Motion App Store
  3. 3. Financial Info • Additional $25M to fund startups on the platform  Highland Capital Partners • Leap makes 30% of the purchase of an app  Similar to Apple store Total Funding $44.1M Seed, 6/11 Andreessen Horowitz Founders Fund Brian McClendon Bill Warner SOSventures $1.3M Series A, 5/12 Highland Capital Partners $12.8M Series B, 1/13 Founders Fund Highland Capital Partners $30M
  4. 4. History • Founded in 2010 as OcuSpec  Co-Founders: David Holz and Michael Buckwald • Stayed under the radar until May 2012 announcement for pre-orders • Originally set to ship in December 2012, then May 2013, then July 2013 • Finally released units July 19, 2013 • 26,000 requests for dev devices  10,000 dispersed • 600,000 devices ready to ship
  5. 5. Secret Sauce A new frontier of interaction
  6. 6. What’s hot? Big name apps moving to platform Partner ships announced: • ASUS “They, like us, believe this will revolutionize interaction on the PC platform” – Michael Buckwald. • HP laptops with Leap Motion $1049.99
  7. 7. Story • Started with co-founder David and 3D modeling. • Why was it HARDER to do modeling on the computer vs. paper? • Figured out accurate natural movement tracking • “Mold pixels as easily as clay”
  8. 8. Competition • Kinect – Microsoft • AirStrike – LM3LABS  Senses up to 3 meters away
  9. 9. Prediction • If they continue to innovate and improve the mechanics it will succeed • Need to get rid of the “novelty” and start focusing on utility • Markets: entertainment, control, biometrics, security, …?

×