AirSig, a Taiwanese startup that develops air signature and writing technology, received a $2m investment from Foxconn Technology Group.
Foxconn will acquire a 10% stake in the company valuing it at USD20m.
Led by Pokai Chen, CEO, Roland Wang, Chief Strategy Officer, Jay Chen, Chief Technology Officer, Mark Yu, Chief Marketing Officer, AirSig has developed air signature and writing technology which can accurately authenticate a user’s identity and command. The platform enables the mobile phone to be transformed into a pen and the automatic verification of the user’s handwriting when the phone is used to “write” in the air.
It has already been applied in mobile devices, mobile payment and other Internet of Things platforms.
[youtube id=”tQBcAO17xw8″ width=”620″ height=”360″]
FinSMEs
05/09/2014