View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
January 4, 2017updated 25 Jul 2022 8:06am

Oculus buys Danish eye-tracking startup Eye Tribe

The companies did not reveal deal terms.

By CBR Staff Writer

Facebook owned virtual reality (VR) company Oculus has acquired Danish eye-tracking specialist Eye Tribe for an undisclosed sum.

Eye Tribe, which was founded in 2011, builds eye tracking software and applications for several platforms.

The company sells its eye tracking technology to software developers, allowing them to incorporate the eye tracking device into their applications and programmes.

Eye Tribe founders met at the IT University of Copenhagen in 2007. In 2011 the four founders bought the IP from the University, formed The Eye Tribe and joined the StartupBootcamp accelerator programme.

Since then, the company has expanded to 16 full time employees and shipped its first eye tracking software development kit.

The Eye Tribe technology allows eye control for consumer devices that enables simplified and improved user experiences.

Eye Tribe has so far raised $3m in funding and also received a grant of $2.3m from the Danish National Advanced Technology Foundation and another million from private European investors.

Eye Tribe is also leading a $4.4m government-funded project, making it the major project for developing eye tracking for hand-held devices.

Content from our partners
How designers are leveraging tech to apply the brakes to fast fashion
Why the tech sector must embrace faster, smarter talent recruitment
Sherif Tawfik: The Middle East and Africa are ready to lead on the climate

Facebook is particularly showing interest in eye tracking as the company seeks to take the lead in social interactions in VR.

Last October, Oculus unveiled a prototype standalone headset which will not require connection to a computer of mobile phone.

The new VR headset allows users to create a virtual identity using Oculus Avatar, a platform feature that lets users customise VR identity.

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU