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Monday
21 May 2012

Israel’s N-trig raises $24 million for touchscreen development, led by Microsoft

Israel-based N-trig has raised $24 million in financing from Aurum Ventures, Challenger, Canaan Partners, Evergreen Venture Partners and Microsoft.

The company produces DuoSense, a technology that “combines pen, touch and multi-touch in a single device, using zero-pressure capacitive touch to provide a true Hands-on computing experience”.  The technology is currently used in Dell’s Latitude XT and HP’s TouchSmart tx2, and will be compatible with the Windows 7 multi-touch interface.  The company says its technology enables a more intuitive computing experience while offering users the flexibility of using their fingers or a stylus to interact with touchscreens.

N-trig said in a statement that it will use the new round to “continue working with leading OEMs to create multi-touch notebooks and convertible computers for the mainstream marketplace”.

Headquartered in Kfar Saba, Israel, N-trig was founded in 1999 and has offices in the United States and Taiwan.  The company previously raised $28 million in February 2008.

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