Hillcrest Labs - About the company
Hillcrest Labs is an acquired company based in Rockville (United States), founded in 2001 by Dan Simpkins. It operates as a Provider of software and hardware for motion control applications. Hillcrest Labs has raised $60.7M in funding from investors like AllianceBernstein, New Enterprise Associates and Columbia Capital. The company has 192 active competitors, including 30 funded and 20 that have exited. Its top competitors include companies like Aqara, RoboSense and Fixposition.
Company Details
Hillcrest Labs is the developer of freespace motion control technology supplier of motion processing solutions. These solutions use MEMS sensors to capture human and mechanical movement, translating that into motion patterns which can be used to control and interact with devices. Customers include LG, Sony, Logitech, Roku, etc. Hillcrest Labs has received numerous awards including the CES Innovations Award in 2006, 2010, 2011 and 2012, PC World’s 100 Best Products and Greatest Tech Designs. The company is funded by NEA, Columbia Capital, and Grotech Capital.
- Website
- hillcrestlabs.com
- Social
Key Metrics
Founded Year
2001
Location
Rockville, United States
Stage
Acquired
Total Funding
$60.7M in 6 rounds
Latest Funding Round
Investors
Ranked
8th among 192 active competitors
Employee Count
2 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by CEVA (Jul 22, 2019)
Hillcrest Labs's acquisition details
Hillcrest Labs got acquired by CEVA on Jul 22, 2019.
Click here to take a look at Hillcrest Labs's acquisition in detail
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Hillcrest Labs's funding and investors
Hillcrest Labs has raised a total funding of $60.7M over 6 rounds. Its first funding round was on 2004. Hillcrest Labs has 7 institutional investors.
Here is the list of recent funding rounds of Hillcrest Labs:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 12, 2016 | 2595293 | Series E | 6785271 | 5372981 | 3005612 | 3876445 |
Feb 27, 2012 | 4264908 | Series E | 6256390 | 6006007 | 7326628 | 4778154 |
Apr 11, 2011 | 5434171 | Series E | 9076421 | 4272976 | 6961923 |
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Hillcrest Labs' founders and board of directors
Founder? Claim ProfileThe founders of Hillcrest Labs is Dan Simpkins.
Here are the details of Hillcrest Labs' key team members:
- Dan Simpkins: Founder of Hillcrest Labs.
View details of Hillcrest Labs's Founder profiles and Board Members
Hillcrest Labs' employee count trend
Hillcrest Labs has 2 employees as of Jun 26. Here is Hillcrest Labs's employee count trend over the years:
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Hillcrest Labs's Competitors and alternates
Top competitors of Hillcrest Labs include Aqara, RoboSense and Fixposition. Here is the list of Top 10 competitors of Hillcrest Labs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Aqara 2009, New York City (United States), Series B | Manufacturer of smart devices and automation solutions for residential properties | $156M | 71/100 | |
2nd | Developer of perception solutions, LiDAR sensors, and robotic hand-eye coordination | $45M | 64/100 | ||
3rd | Fixposition 2017, Schlieren (Switzerland), Seed | Provider of positioning services for multiple applications | $9.35M | 59/100 | |
4th | Oxford Metrics 1984, Kidlington (United Kingdom), Public | Developer of precision measurement systems incorporating cameras and related software | - | 53/100 | |
5th |  KinoTek 2018, Portland (United States), Seed | Developer of 3D visualization software for movement analysis | $5.77M | 52/100 | |
6th |  Converge 2014, London (United Kingdom), Series B | Provider of concrete monitoring solutions, data management, and AI-powered mix insights | $40.8M | 49/100 | |
7th | TRX Systems 2004, Greenbelt (United States), Acquired | Developer of assured positioning, navigation, and timing systems for military | $2.9M | 48/100 | |
8th | Hillcrest Labs 2001, Rockville (United States), Acquired | Provider of software and hardware for motion control applications | $60.7M | 47/100 | |
9th | Rmoni Wireless 2005, Bilzen (Belgium), Acquired | Develops a host of remote temperature monitoring solutions | - | 46/100 | |
10th |  Inpixon 2001, Palo Alto (United States), Public | Provider of sensor fusion systems for visual data analytics and mapping solutions | - | 46/100 |
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Hillcrest Labs's Investments and acquisitions
Hillcrest Labs has made no investments or acquisitions yet.
Reports related to Hillcrest Labs
Here is the latest report on Hillcrest Labs's geography:
News related to Hillcrest Labs
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Sensor fusion IP platform serves consumer electronicseeNews Europe•Jan 06, 2020•Ceva, CEVA, Hillcrest Labs
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CEVA acquires Hillcrest Labs intelligent sensor technologies business from InterdigitalAutomotive World•Jul 22, 2019•Ceva, Hillcrest Labs, Interdigital, CEVA and 1 other
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Hillcrest Labs, LG renew licence for smart TV technologyTelecompaper•Feb 20, 2019•LG, Hillcrest Labs, Interdigital
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