InputDynamics funding quest boosted by product parade
InputDynamics in Cambridge, which develops new ways for phone users to engage with handheld devices by using acoustic processing techniques instead of conventional touchscreens and buttons, was parading potential killer technology at Mobile World Congress.
Input was at the event to showcase acoustic technology that can turn 800 million low cost handsets around the world into touchscreen-like devices.
Its acoustic user interface called TouchDevice™, addresses the need for users to better interact with mid-tier mobile handsets not yet featuring a touchscreen due to cost considerations. Better handset usability in the mid-tier market is also of great interest to mobile telecoms companies because ultimately it increases demand for additional web-based services. The success of the iPhone, proved the desire at the high end of the market for a better user interface. This trend towards better ways of navigating menus and interacting with multimedia applications is now spreading down to mid-tier handsets, with touchscreen functionality increasingly becoming a ‘must have’ in this all important market segment. TouchDevice™ enables handset manufacturers to provide touchscreen functionality found in high-end devices without increasing the BoM costs. The solution is 100 per cent software driven and offers touchscreen capability at a significantly lower cost than existing options. InputDynamics was awarded an R & D government grant channelled through EEDA and a Pathfinder Investment from Cambridge Enterprise, the University of Cambridge’s commercialisation office, to continue the development of TouchDevice. The company has held talks with Tier1 handset manufacturers on how TouchDevice technology could be integrated into current products. InputDynamics is seeking to raise £1m to fast track the delivery of the device to the first handset manufacturer and take the company to profitability within 24-30 months while giving investors exceptional long-term opportunity for growth and profit.The company was founded in 2008 by technology experts with long experience in working with world's leading OEM and ODM mobile phone companies.