Leap Motion - About the company
Leap Motion is an acquired company based in San Francisco (United States), founded in 2010 by David Holz and Michael Buckwald. It operates as a Provider of hand tracking solutions for AR/VR. Leap Motion has raised $94M in funding from J P Morgan. The company has 40 active competitors, including 13 funded and 7 that have exited. Its top competitors include companies like Ultraleap, Crunchfish and TechXR.
Company Details
Leap Motion provides hand tracking solutions for AR/VR applications. It offers a motion-control software and hardware solutions for 3-D motion-control and motion-sensing technology. The company claims it is 200 times more sensitive than existing motion-control technology, making it the first product to let users navigate and interact with computer applications using natural hand and finger movements. Its proprietary technology, invented by co-founder David Holz, can track the movement of both hands and all 10 fingers with up to 1/100th millimeter accuracy and no visible latency.
- Website
- leapmotion.com
Key Metrics
Founded Year
2010
Location
San Francisco, United States
Stage
Acquired
Total Funding
$94M in 4 rounds
Latest Funding Round
Investors
Ranked
4th among 40 active competitors
Employee Count
29 as on Dec 31, 2022
Exit Details
Acquired by Ultrahaptics (May 30, 2019)
Legal entities associated with Leap Motion
Leap Motion is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Leap Motion, Inc. CIN: 274299202 , United States, Active | Dec 07, 2010 | - | 29 (As on Dec 31, 2018) | - |
Leap Motion's acquisition details
Leap Motion got acquired by Ultrahaptics on May 30, 2019 at an acquisition amount of $*****.
Click here to take a look at Leap Motion's acquisition in detail
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Leap Motion's funding and investors
Leap Motion has raised a total funding of $94M over 4 rounds. Its first funding round was on Jun 10, 2011. Its latest funding round was a Series C round on Jul 17, 2018 for $*****. 1 investor participated in its latest round. Leap Motion has 10 institutional investors.
Here is the list of recent funding rounds of Leap Motion:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 17, 2018 | 8251596 | Series C | 7673270 | 4551651 | 2255781 | 8178782 |
Jan 03, 2013 | 2292251 | Series B | 3788498 | 6058227 | 6943596 | |
May 09, 2012 | 9505018 | Series A | 8830732 | 1306771 | 7664807 |
View details of Leap Motion's funding rounds and investors
Leap Motion's founders and board of directors
Founder? Claim ProfileThe founders of Leap Motion are David Holz and Michael Buckwald.
Here are the details of Leap Motion's key team members:
- David Holz: Former Co-Founder of Leap Motion and founder of 1 other company. Contact Info: 1 email address
- Michael Buckwald: Co-Founder & CEO of Leap Motion and founder of 1 other company.
View details of Leap Motion's Founder profiles and Board Members
Leap Motion's employee count trend
Leap Motion has 29 employees as of Dec 22. The total employee count is 49.0% lower than what it was in Dec 21. Here is Leap Motion's employee count trend over the years:
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Leap Motion's Competitors and alternates
Top competitors of Leap Motion include Ultraleap, Crunchfish and TechXR. Here is the list of Top 10 competitors of Leap Motion, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ultraleap 2013, Bristol (United Kingdom), Acquired | Provider of spatial interaction technology solutions | $242M | 65/100 | |
2nd | Crunchfish 2010, Stockholm (Sweden), Public | Provider of touchless gesture-recognizing software for computer interaction | $10.5M | 53/100 | |
3rd | Platform offering immersive learning solutions | $3.99M | 51/100 | ||
4th | Leap Motion 2010, San Francisco (United States), Acquired | Provider of hand tracking solutions for AR/VR | $94M | 46/100 | |
5th | Clay AIR 2014, Los Angeles (United States), Acquired | SDK solutions for hand tracking & gesture recognition | $38.6M | 42/100 | |
6th | uSens 2013, San Jose (United States), Deadpooled | Provides inside-out 3D hand tracking as well as head position tracking | $35.3M | 41/100 | |
7th | Gesture recognition software for natural user interfaces | $858K | 40/100 | ||
8th | Manufactures positional tracking devices for VR | $18.8M | 39/100 | ||
9th | Nimble VR 2012, San Francisco (United States), Acquired | Hand-tracking system for gesture recognition in VR | $2.25M | 38/100 | |
10th | OMMO 2015, Dallas (United States), Seed | Developer of 3D tracking technology powered by permanent magnets | $1M | 38/100 |
Looking for more details on Leap Motion's competitors? Click here to see the top ones
Leap Motion's Investments and acquisitions
Leap Motion has made no investments or acquisitions yet.
News related to Leap Motion
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Big leap forward for mid-air touch pioneer Ultrahaptics as it rebrandsBristol Business News•Sep 23, 2019•Ultraleap, Ultrahaptics, Leap Motion
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UK’s Ultrahaptics Buys Leap Motion at Bargain Basement PriceCBROnline•May 30, 2019•Ultrahaptics, Leap Motion
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Leap Motion Reveals Updated Project North Star AR Prototype DesignRoad to VR•Jan 24, 2019•Leap Motion
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Leap Motion passed on multiple $50M acquisition efforts by Apple because of founders' attitudesAppleInsider•Oct 31, 2018•Leap Motion, Apple
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Leap Motion, a $94 million startup, has lost its VP of design as the company moves offices to cut costsBusiness Insider•Oct 24, 2018•Leap Motion
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