Affectiva Garners $5,700,000 Series B Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=91603cb7-50a2-4597-988a-45bc931b6a60&Preview=1 - Date
7/19/2011 - Company Name
Affectiva - Mailing Address
411 Waverley Oaks Road Waltham, MA 02452 - Company Description
Affectiva grew out of collaborative research at the MIT Media Lab to help people on the autism spectrum. We apply innovations in affective computing to help solve difficult problems that stem from misunderstanding how people feel. Our customers are people in science and industry who use new technology that helps improve understanding of emotion. - Website
http://www.affectiva.com - Transaction Type
Venture Equity - Transaction Amount
$5,700,000 - Transaction Round
Series B - Proceeds Purposes
Affectiva will use the financing to accelerate the development and marketing of Affdex, a software solution for emotion recognition. - M&A Terms
- Venture Investor
WPP - Venture Investor
Undisclosed
