Atrua Technologies
Service to help people connect with each other.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
$4.9m Valuation: $4.9m | Acquisition | ||
| Total Funding | 000k | ||
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Atrua Technologies, Inc. operated as a provider of touch control solutions tailored for the mobile device industry. The company was established in 2000 under the name I-Control Security, Inc. by founder Tony Russo and was headquartered in Campbell, California.
The firm's business was centered on the development and sale of hardware and software for touch-based user interaction on mobile devices. Its client base consisted of leading mobile device manufacturers globally, including Toshiba, Sharp, KDDI, Lenovo, and Kyocera. Atrua's offerings were designed to meet the specific demands of mobile phone applications, providing a convenient input method for devices requiring user commands. The company's main product lines were the "Fingerprint Touch Control" and "VSense Micro Pressure Control" solutions. The fingerprint technology was utilized for user identity confirmation through biometrics, while the VSense controls enabled a range of touch-input functions by converting finger movements and gestures into device commands.
Throughout its operation, Atrua Technologies secured significant venture capital backing. The company raised a total of $13 million over two funding rounds, including a Series D round in February 2008 that raised $4 million. Its investors included prominent firms such as BlueRun Ventures, Ericsson Venture Partners, Hua Hong Group, Osprey Ventures, and NeoCarta Ventures. In a strategic move to resolve a patent infringement lawsuit and expand its market position, AuthenTec Inc. acquired the assets of Atrua Technologies in July 2009 for approximately $4.9 million in cash. This acquisition included Atrua's product lines, associated technologies, and intellectual property.
Keywords: mobile touch control, fingerprint biometrics, micro pressure sensors, I-Control Security, Tony Russo, AuthenTec acquisition, mobile device input, touch control hardware, fingerprint touch control, VSense micro pressure, mobile phone components, touch input technology, biometric security, venture capital, BlueRun Ventures, Ericsson Venture Partners, gesture recognition, mobile user interface, touch sensor technology, Campbell CA startup