Country for PR: United States
Contributor: PR Newswire New York
Wednesday, February 17 2021 - 07:45
AsiaNet
Motion Gestures closes USD 2 million pre-series A financing led by Allen Miner, Forbes Midas List investor who helped build Oracle Japan and Salesforce Japan
WATERLOO, ON, Feb. 17, 2021 /PRNewswire/ --

- Company's gesture software is key enabler of sophisticated contactless 
interaction in major industries.

Motion Gestures ( 
https://c212.net/c/link/?t=0&l=en&o=3069303-1&h=1093363768&u=https%3A%2F%2Fwww.motiongestures.com%2F&a=Motion+Gestures 
), a Canadian startup specializing in Artificial Intelligence-based hand 
tracking and gesture recognition software for 3rd party cameras, announced 
today that it had closed USD 2 million pre-series A financing led by Mr. Allen 
Miner. Funds will be used to market and support company's breakthrough gesture 
software among OEMs in major developed economies, with special focus on Japan. 

Photo - 
https://mma.prnewswire.com/media/1439337/Motion_Gestures_Motion_Gestures_closes_USD_2_million_pre_series.jpg 


Compared to conventional solutions, Motion Gestures AI platform reduces gesture 
software development time by 10x while increasing recognition accuracy to 
nearly 100%. It uses advanced AI algorithms and sophisticated joints 
skeleton-based approach to hand tracking. Software is hardware agnostic and can 
support any type of camera as well as any processor architecture. It is also 
application agnostic and can be used for adding contactless user interface to 
products and applications in a wide variety of sectors. The firm launched its 
camera software in 2020 after several years of development in stealth mode and 
is enjoying strong response from top OEMs around the world, including in US, 
Germany, France, Japan, and Korea.

Mr. Miner has been recognized by Forbes magazine on its Midas List as one of 
the world's top investors and is famous for helping build Oracle Japan and 
Salesforce Japan. He will be assisting with introductions to corporate Japan 
and advising on strategic investments by Japanese multinationals. According to 
Mr. Miner, "I am very impressed with Motion Gestures' capabilities and the 
traction their software is getting globally. I firmly believe multi-modal user 
interface is the wave of the future and gesture recognition will be an integral 
part of it." Kashif Kahn, CEO and Co-Founder of Motion Gestures, said: "We are 
most grateful for Mr. Miner's vote of confidence and are looking forward to his 
assistance in building the firm."

Other investors in the round are China Canada Angeles Alliance ( 
http://ccaa-camp.com/ ), Keiretsu Forum ( 
https://c212.net/c/link/?t=0&l=en&o=3069303-1&h=1581113348&u=https%3A%2F%2Fwww.keiretsuforum.com%2F&a=Keiretsu+Forum 
), Propel(x) ( https://www.propelx.com/ ), Golden Triangle Angel Network ( 
https://c212.net/c/link/?t=0&l=en&o=3069303-1&h=2200128135&u=https%3A%2F%2Fgoldentriangleangelnet.ca%2F&a=Golden+Triangle+Angel+Network 
), and Udtara Ventures ( 
https://c212.net/c/link/?t=0&l=en&o=3069303-1&h=3967954397&u=http%3A%2F%2Fudtaraventures.com%2F&a=Udtara+Ventures 
).

About Motion Gestures

Motion Gestures was founded in 2017 in Waterloo, Canada to disrupt gesture 
recognition technology. Its breakthrough AI platform reduces gesture software 
development costs by 10x while increasing gesture recognition accuracy to 
nearly 100%. The software supports all types of gestures with 3rd party cameras 
and can be used for contactless interaction in any vertical. The company is 
currently engaged with top OEMs in US, Germany, France, Japan, and Korea. 

Demo videos can be seen on Motion Gestures' YouTube channel: 
https://www.youtube.com/c/motiongestures 

Contact Information:

Kashif Kahn 
CEO & Co-Founder, Motion Gestures
info@motiongestures.com
https://motiongestures.com/

About Allen Miner

Mr. Allen Miner is a veteran of technology and venture capital industries. In 
1987, he launched Oracle Japan as its first representative and managed growth 
of record-setting magnitude over the next decade. In 1999, he founded Sunbridge 
to invest in and help grow promising tech firms in the Japanese market. He has 
since invested in more than 65 firms – including Salesforce, OKWave, IT Media, 
Gaia X, Macromill and G-mode – as well as executed seven IPOs. He has been 
recognized by Forbes magazine on its prestigious "Midas List" as one of the 
world's top investors and is a founding member of the Japan Venture Capital 
Association. 

For additional information about Mr. Miner and his team: 
https://www.sunbridge.com/company/management/

Contact Information:

Allen Miner 
Founder & Director, Sunbridge 
allen@sunbridge.com 
https://www.sunbridge.com/

SOURCE  Motion Gestures
Translations

Japanese