Immersion

San Jose, United States Founded: 1993 • Age: 33 yrs
Haptics software is licensed to OEMs across multiple industries.

About Immersion

Immersion is a company based in San Jose (United States) founded in 1993. It operates as a Patent Licensing, and Professional Services. Immersion offers products and services including Haptic Technology Solutions, Active Sensing Technology, Haptic Design Tools, and Engineering and Design Services. Immersion operates in a competitive market with competitors including OpenQ, bHaptics, Qualio, MasterControl and TrialScope, among others.

  • Headquarter San Jose, United States
  • Stage Public
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Immersion Corporation
Operational Areas
Technology → Extended, Virtual & Augmented Reality
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
    $33.92 M
    -11.81
    as on Dec 31, 2023
  • Net Profit
    $33.98 M
    10.8
    as on Dec 31, 2023
  • EBITDA
    $18.32 M
    -27.4
    as on Dec 31, 2023
  • Latest Funding Round
    $102.99 K (USD), Grant

    Jul 01, 2019

  • Investors
  • Employee Count
    Employee Count
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IPO & Listings of Immersion

Immersion is a publicly listed company on the NASDAQ with ticker symbol IMMR in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: IMMR . Sector: Electronic technology · USA

Products & Services of Immersion

Immersion offers a comprehensive portfolio of products and services, including Haptic Technology Solutions, Active Sensing Technology, Haptic Design Tools, and Engineering and Design Services. 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.

Primary

Haptic feedback is provided for digital touch experiences.

Performance of haptic systems is enhanced through sensing.

Tools are offered for designing haptic user experiences.

Support is provided for haptic product development needs.

People of Immersion
Headcount 50-200
Employee Profiles 12
Board Members and Advisors 5
Employee Profiles
People
Wasif Ashraf
IT Manager
People
Mike Dodson
Chief Financial Officer

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Funding Insights of Immersion

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $102,995
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2019 Amount Grant - Immersion Valuation

investors

Nov, 2017 Amount Private Equity Round - Immersion Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Immersion

Immersion has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Raging Capital. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Immersion

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Immersion

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Immersion Comparisons

Employees
+
Add Comparison
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Competitors of Immersion

Immersion 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 OpenQ, bHaptics, Qualio, MasterControl and TrialScope, 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
Compliant KOL Management Software
domain founded_year HQ Location
Wearable haptic devices for gaming are developed and produced.
domain founded_year HQ Location
Web-based quality management software is delivered for life sciences firms.
domain founded_year HQ Location
Provider of governance, risk and compliance solutions for life sciences industries
domain founded_year HQ Location
Cloud-based clinical trial transparency and compliance solutions are provided.
domain founded_year HQ Location
Cloud-based quality management software is offered for medical device manufacturers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Immersion

Frequently Asked Questions about Immersion

When was Immersion founded?

Immersion was founded in 1993 and raised its 1st funding round 24 years after it was founded.

Where is Immersion located?

Immersion is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

What is the annual revenue of Immersion?

Annual revenue of Immersion is $33.92M as on Dec 31, 2023.

What does Immersion do?

Haptic technology is developed and licensed by Immersion Corporation to enhance digital touch experiences across various sectors. Solutions are provided for mobile, automotive, gaming, and other consumer experiences. A broad set of tools, software, and services is offered to device manufacturers, designers, and developers. Partnerships are formed to deliver high-quality haptic solutions, while innovation is pursued through continuous research and development. The technology is integrated into over 3 billion devices worldwide, positioning the company as a leader in sensory technology for the digital world.

Who are the top competitors of Immersion?

Immersion's top competitors include Qualio, MasterControl and Greenlight Guru.

What products or services does Immersion offer?

Immersion offers Haptic Technology Solutions, Active Sensing Technology, Haptic Design Tools, and Engineering and Design Services.

Is Immersion publicly traded?

Yes, Immersion is publicly traded on NASDAQ under the ticker symbol IMMR.

Who are Immersion's investors?

Immersion has 2 investors. Key investors include European Union, and Raging Capital.

What is Immersion's ticker symbol?

The ticker symbol of Immersion is IMMR on NASDAQ.

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