Hillcrest Labs

United States
Barbourmeade, Kentucky, United States, 20850

Company profile

Hillcrest Labs company profile

Hillcrest Laboratories is a leading global supplier of motion processing solutions. These solutions use MEMS sensors to capture human and mechanical movement, translating that into motion patters which can be used to control and interact with devices. This motion technology is then used to enhance products in both consumer technology and industrial fields. The company is widely recognized as a leader in the Smart TV industry, having created HoME, the first pointer-based interactive media system for TV, and the award winning Loop remote control. Today it counts LG, Roku and TCL among its Smart TV customers. Building on these roots in Smart TV, the company has expanded focus and now has customers in the smartphone and mobile device industry, licenses technology to leading gaming systems and provides solutions to virtual reality customers. Hillcrest Labs has received numerous awards including the CES Innovations Award in 2006, 2010, 2011 and 2012, PC World's 100 Best Products and Greatest Tech Designs, Popular Mechanics' Editors Choice, ECN's Reader's Choice Tech, and many others. Based in Rockville, Maryland, Hillcrest Labs was founded in 2001 by Dan Simpkins. The company is funded by NEA, Columbia Capital and Grotech Capital.

Business identity

Operating status
Active
Company type
For Profit
Employee range
101-250 employees
Revenue range
$1M-$10M
Founded
2001-01-01, Year

Headquarters

Postal code
20850
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
M And A
Funding rounds
7
Total equity funding
$59.6M
Last funding
Debt Financing / $450,000 / 2016-12-12
Last equity funding
Series E / $5.5M
Investors
4
Lead investors
1
Founders
1
Articles
84
Exited on
2019-07-22

Founders and investors

Founders

Dan Simpkins

Lead investors

New Enterprise Associates

Investors

AllianceBernsteinColumbia CapitalGrotech VenturesNew Enterprise Associates