FlatFrog Laboratories yesterday received a €20 million funding round led by Intel Capital, with the strong backing by Invus. Intel Capital joins the existing investors Invus and Sunstone Capital. Flatfrog creates touch screen technology that recognizes touches using an optical solution.
The technology they're using is pretty cool. By using algorithms to track light travelling inside the cover glass of a screen, FlatFrog's Planar Scatter Detection technology provides instant detection of up to hundreds of simultaneous touches and drags.