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Sunday, July 5, 
12:40 am

N-trig lands $24M

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N-trig Ltd., an Israeli developer of touch-screen technology for PCs and laptops, has raised $24 million from Microsoft Corp. [MSFT], Aurum Ventures, Challenger Ltd., Canaan Partners and Evergreen Venture Partners.

The startup's technology is deployed on certain models of Hewlett-Packard Co. [HPQ] and Dell Inc. [DELL] computers, it said. Microsoft reportedly contributed the largest portion of the funding and is working with N-trig to develop its technology to work with the latest version of the software giant's operating system.

"With the introduction of multi-touch in Windows 7, integrated with N-trig's DuoSense technology, our customers will have a new and natural way to interact with their PCs," said Microsoft group program manager for Windows client Ian LeGrow in a statement. "By simulating the way people write and touch naturally, N-trig is helping to make it easier to navigate your PC and enable a new class of Windows experiences."

The company announced a $28 million first round from Canaan and Evergreen a year ago. Before that it had received $22 million in previous investments. - Olaf de Senerpont Domis


See Jan. 12 press release from N-trig
See Jan. 12 article on N-trig from The Wall Street Journal


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