What is Immersion?
Immersion Corporation, headquartered in Aventura, Florida, is a global leader in the creation, design, development, and licensing of advanced haptic technologies. These innovations enable users to interact with digital products through the sense of touch, serving a diverse range of markets including mobility, gaming, automotive, virtual and augmented reality, and wearables. The company's extensive patent portfolio and integrated technology solutions are pivotal in enhancing user engagement across these rapidly evolving industries.
How much funding has Immersion raised?
Immersion has raised a total of $25.5M across 2 funding rounds:
Debt
$20M
Other Financing Round
$5.5M
Debt (2004): $20M with participation from Undisclosed
Other Financing Round (2011): $5.5M led by Intel Capital, iSource, Elaia Partners, and Partech
Key Investors in Immersion
Intel Capital
Intel Capital, a division of Intel, is a prominent investor focused on emerging technologies such as AI, autonomous vehicles, and cloud computing, aiming to foster innovation in the tech landscape.
iSource
I Source VC specializes in technology investments, supporting businesses that integrate innovative solutions and advancements, particularly within the automotive and digital services sectors.
Elaia Partners
Elaia Partners is a venture capital firm dedicated to supporting ambitious tech entrepreneurs from inception through leadership, with a strong track record in backing disruptive companies.
What's next for Immersion?
With a history of substantial enterprise-level funding, Immersion is strategically positioned for continued innovation and market penetration. The recent major strategic investment suggests a focus on scaling operations, further research and development into next-generation haptic experiences, and potentially expanding its global licensing agreements. This infusion of capital is expected to accelerate the adoption of its touch-enabling technologies across its target sectors, solidifying its role as a key player in immersive digital interaction.
See full Immersion company page