Dual Aperture International (DAI) has raised $5.7M in Series A funding led by Value Invest Korea (VIK), based in Seoul, South Korea. eWBM, a licensee of DAI’s technology, also participated in the round.
Cheol Lee, CEO of VIK says, “In the past few years, many companies have tried to enable low-cost and low-power 3-D image capture, depth estimation and gesture tracking. We think it’s time to approach the problem anew. We see Dual Aperture’s technology as a game changer and with the engineering resources and world class engineers of CISS, we see an opportunity for Dual Aperture International to disrupt the imaging business in mobile and beyond.”
Dual Aperture's technology and alliances have been covered here, here and here.