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ACQUIRED COMPANY
 
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Canesta  Acquired by Microsoft (2010  amount undisclosed )

1156 Sonora Court
Sunnyvale, CA 94085
USA
408-530-1530
Website Company Summary Management Team
Management

CEO: James Spare (8/01)
President/COO/Operations: Lou Kordus (12/31/2009)
General Management: Sakuya Morimoto (04/30/2002)
Finance: Albert Lee (2004)
Technology: Patrick O'Connor (2003) ; Cyrus Bamji
Board

Outside board: (May no longer be on the board) Craig White (The Craig White Group) Meir Friedlander (SFK) Ed Fries (FigurePrints CEO) Aaron Benway (Carlyle VP) Nazim Kareemi (Canesta Former CEO) Tony Sun (Venrock Associates) Allan C. Thygesen (The Carlyle Group Managing Director)
Former outside board: Charles Shalvoy (Canesta Chairman);  James Whims (TechFund Partners Managing Partner) Norm Denda (Denda Associates);  Ronjon Nag (Cellmania CEO) Patrice Peyret (Mobile 365 CEO);  Paul Vais (Patricof & Co. Ventures)
Company

Business description: Canesta (www.canesta.com) is the inventor of revolutionary, low cost electronic perception technology and leading provider of single chip CMOS 3-D sensors that fundamentally change the relationship between devices and their users. This capability makes possible true 3-D perception as input to everyday devices, rather than the widely understood 3-D representational technologies as output. Canesta’s 3-D input technology, based upon tiny, CMOS 3-D imaging chips or “sensors”, enables fine-grained, 3-dimensional depth-perception in a wide range of applications. Products based on this capability can then react on sight to the actions or motions of individuals and objects in their field of view, gaining levels of functionality and ease of use that were simply not possible in an era when such devices were blind. Canesta’s focus is on mass market consumer electronics, but many applications exist in other markets as well. Canesta is located in Sunnyvale, CA. The company has filedin excess of fifty patents, 44 of which have been granted so far.
Customers include: NEC;  Advanced Input Devices
Partners include: Symbian;  Advanced Input Devices;  Optronic ;  YDreams
Capital

Rounds: 5
Recent Fundings: Oct 2009   Sep 2007
Capital raised: 60.0M
Last Round: 16.0M
Ownership: Acquired by Microsoft (2010  amount undisclosed )
VCs include: Apax PartnersJPMorgan PartnersVenrock AssociatesChase Capital Partners;  Thales Corporate Ventures;  TechFund Capital;  Korea Global IT Fund;  The Carlyle GroupTechnology FundingThompson Clive Venture CapitalPanorama Capital;  Honda Strategic Ventures
Corporate investors: Intel Capital;  SMSC ;  Quanta Computing

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Overview
Record updated: Oct 2010
Sector: Software
Year Founded: 1999
Headcount: 51-75 as of Dec 2010
Rounds: 5
Recent Fundings: Oct 2009   Sep 2007
Capital Raised: 60.0M
Last Round: 16.0M
Ownership: Acquired by Microsoft (2010  amount undisclosed )