What was Leap Motion?

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Answer
Leap Motion
Leap Motion
American company specializing in computer hardware sensor devices
Founded
2010
Industry
Motion control
Founder
Michael Buckwald, David Holz
Leap Motion was an American company that developed and marketed a computer hardware sensor device called the Leap Motion Controller. The key points about Leap Motion are:

Leap Motion Controller

  • It was a small USB device that enabled users to control computers and manipulate digital objects using hand and finger motions, without any physical contact or touching.
  • It used an infrared scanner and sensor to map and track the user's hand movements in real-time, creating a digital representation of the hand to interact with digital content.
  • The technology was first developed in 2008 by co-founder David Holz while studying for his Ph.D. in mathematics.
  • Leap Motion Inc. was co-founded by Holz and Michael Buckwald in 2010 and launched the first Leap Motion Controller product in 2013 after raising over $44 million in funding.

Company History

  • Initially hailed as a breakthrough technology, sales of the Leap Motion Controller fell short of expectations, leading to layoffs in 2014.
  • The company shifted focus to developing hand tracking for virtual reality (VR) applications and released new VR-focused software called Orion in 2016.
  • In 2019, Leap Motion was acquired by the British company Ultrahaptics for around $30 million, a fraction of its peak $300 million valuation in 2013. The two companies were rebranded as Ultraleap.
  • Ultraleap continues to sell and develop the Leap Motion Controller hardware and software for hand tracking in various applications like XR, touchless kiosks, and more.
The Leap Motion Controller enabled a new way of interacting with digital content using natural hand gestures, paving the way for more intuitive human-computer interfaces.
Related
how did Leap Motion technology work
what were the main uses of Leap Motion
why did Leap Motion struggle to meet its sales expectations
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