FlatFrog Laboratories AB, a Sweden-based provider of multi-touch systems, has closed a $10m funding round with existing investors Invus, Sunstone Capital and Intel Capital. FlatFrog intends to use the funds to accelerate the commercialization of its multi-touch technology for PC applications and expand its presence in Asia in 1H 2014.
Dhwani Vyas, chief executive officer of FlatFrog, said: “We are seeing very strong reception to our FlatFrog in-glass optical touch product from consumer PC OEMs and other large screen size format players. The fact that our existing investors fully subscribed this round reaffirms the confidence in this technology and progress made by FlatFrog.”