Deals

GestureTek receives investment from Telefonica

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Telefonica, a telecom company based in Spain, has made a strategic investment in GestureTek, a gesture-recognition company based in Sunnyvale, Calif.

GestureTek’s “mouse alternative” technology essentially allows users to wave their hands in meaningful ways in order to relay commands to a computer with a video camera.

Telefonica’s investment makes a bit more sense in light of a specific GestureTek technology called “Eyemobile Engine,” which allows users to perform actions on their mobile phones by tilting them in different directions.

NTT DoCoMo, Japan’s largest cellular operator, also previously placed an investment in the company. GestureTek also has applications in personal computing and gaming.