NextInput, a developer of MEMS based "force touch" sensor technology, announced this week that the company has closed its Series A1 funding round of $5.1 million. With this round, NextInput added new investors including Danhua Capital, UMC Capital, and Cota Capital. The company said that it has raised $13.1 million in two consecutive, oversubscribed funding rounds.
"I am excited that our new investors and partners share our vision and recognize the market potential," says Ali Foughi, NextInput CEO and Founder. "Our ForceTouch solution is emerging as the most robust, scalable and the best 3D touch user experience in the market. This funding allows us to accelerate next generation product development and market expansion."
The company says that its solution has been gaining traction in the mobile and automotive markets. NextInput is headquartered in Silicon Valley and provides MEMS based force-sensing solutions for touch enabled devices in consumer, wearable, IoT, automotive, industrial, medical and other applications.
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