Stantum Technologies Gets $13 Million To Develop Multi-Touch Functionality For Devices

Stantum Technologies has raised $13 million in a second round of funding to support development of its multi-touch technologies for mobile phones and other devices. The round was col-led by CDC Innovation and Auriga Partners with XAnge Private Equity also participating. The funding will be used to develop a worldwide sales and marketing organization in the U.S., Europe and Asia; increase R&D for new products; and increase mass manufacturing capabilities through partners. Interest in the company can likely be traced back to the success of Apple’s iPhone, which was the first mass market example of multi-touch capabilities. Release.

Stantum, which is based in Bordeaux, France, was originally called JazzMutant. In 2003, it created a multi-touch screen that could track an unlimited number of fingers at once. In 2007, the company made its patented multi-touch technology available to third-party integrators and OEMs.

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