About GestureTek
GestureTek is a company based in Sunnyvale (United States) founded in 1986 was acquired by Winning Brands in November 2022.. GestureTek has raised $21.79 million across 2 funding rounds from investors including Telefónica and Winning Brands. The company has 6 employees as of December 31, 2010. GestureTek offers products and services including GestureFX, GroundFX, WallFX, ScreenFX, and TableFX. GestureTek operates in a competitive market with competitors including MultiTaction, Reactrix, Baanto, Touchjet and Eyefactive, among others.
- Headquarter Sunnyvale, United States
- Employees 6 as on 31 Dec, 2010
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gesturetek, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21.79 M (USD)
in 2 rounds
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Latest Funding Round
$21.79 M (USD), Series C
Jan 07, 2011
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Investors
Telefónica
& 1 more
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Employee Count
6
as on Dec 31, 2010
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Acquired by
Winning Brands
(Nov 01, 2022)
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Products & Services of GestureTek
GestureTek offers a comprehensive portfolio of products and services, including GestureFX, GroundFX, WallFX, ScreenFX, and TableFX. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Gesture-controlled surfaces for digital signage and entertainment experiences
Interactive floor displays controlled by body movements for advertising
Gesture-based wall projections for games and public engagement
Motion-responsive displays for retail and interactive advertising
Gesture-controlled tables for venues and multi-touch experiences
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Funding Insights of GestureTek
GestureTek has successfully raised a total of $21.79M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $21.79 million completed in January 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series C — $21.8M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2011 | Amount | Series C - GestureTek | Valuation |
investors |
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| Dec, 2007 | Amount | Series B - GestureTek | Valuation | Telefonica |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GestureTek
GestureTek has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Telefónica and Winning Brands. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Mobile and fixed-line telephony services are provided globally by Telefonica.
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Founded Year | Domain | Location | |
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Manufacturer of home care products
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GestureTek
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GestureTek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gesturetek Comparisons
Competitors of GestureTek
GestureTek operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MultiTaction, Reactrix, Baanto, Touchjet and Eyefactive, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Table and wall-sized interactive displays are developed using proprietary designs.
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| domain | founded_year | HQ Location |
Interactive gesture recognition displays are developed for advertising engagement.
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| domain | founded_year | HQ Location |
Developer of multi-touch technology and products
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| domain | founded_year | HQ Location |
Products for turning any surface into a touchscreen
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| domain | founded_year | HQ Location |
Provider of multi-touch system, software, and object recognition technology
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gesturetek
Frequently Asked Questions about GestureTek
When was GestureTek founded?
GestureTek was founded in 1986 and raised its 1st funding round 21 years after it was founded.
Where is GestureTek located?
GestureTek is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Is GestureTek a funded company?
GestureTek is a funded company, having raised a total of $21.79M across 2 funding rounds to date.
How many employees does GestureTek have?
As of Dec 31, 2010, the latest employee count at GestureTek is 6.
What does GestureTek do?
GestureTek deals in gesture recognition technology and makes multi-touch displays, foils, tables, overlays, interactive floors, walls, windows and screens. GestureTek has installed more than 4,000 award-winning interactive displays on floors, windows, walls, bar-tops, tables and counters, in retail environments, trade shows and exhibits, advertising and digital signage networks, amusement parks and attractions, hotels and nightclubs, corporate locations and public spaces. It has multi-patented video gesture control technology (VGC) that lets users control multi-media content, access information, manipulate special effects, even immerse themselves in an interactive 3D virtual world. It delivers Wii-like gesture-control without the need to wear, hold or touch anything. Qualcomm acquired all IP related to its gesture recognition technology for mobile and consumer electronics solutions.
Who are the top competitors of GestureTek?
GestureTek's top competitors include Baanto, MultiTaction and Touchjet.
What products or services does GestureTek offer?
GestureTek offers GestureFX, GroundFX, WallFX, ScreenFX, and TableFX.
Who are GestureTek's investors?
GestureTek has 2 investors. Key investors include Telefónica, and Winning Brands.