HaptX Closes $23M Funding Round
- HaptX, a Redmond, WA-based provider of realistic haptic technology, raised $23m in strategic funding
- The round, which brings total funding to more than $58m, was led by AIS Global and Crescent Cove Advisors, with participation from Verizon Ventures, Mason Avenue Investments, and Taylor Frigon Capital Partners
- The company intends to use the funds for commercialization of next-generation products building on the success of Hapt X Gloves DK2
- The company provides Hapt X Gloves, which physically displace the user’s skin the way a real object would
- In conjunction with this transaction, The company has extended its partnership with AIS Global, a portfolio company of New York-based KPS Capital Partners
- The company is headquartered in Redmond, WA, with offices in San Luis Obispo and San Francisco, CA
