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CTRL-Labs
Dedicates itself to answering the biggest questions in computing, neuroscience, and design so creators can dream
About CTRL-Labs
CTRL-Labs, established in 2015 by Thomas Reardon and Patrick Kaifosh, operated at the intersection of neuroscience and machine learning. The company focused on developing non-invasive neural interface technology, specifically a wristband designed to translate electrical signals from muscles into digital commands for controlling computers and other devices. This technology is based on differential electromyography (EMG), which measures the electrical impulses that travel from motor neurons in the brain to the hand muscles, effectively capturing intention rather than just movement.
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The founders brought a wealth of relevant experience to the venture. Thomas Reardon, the CEO, is a neuroscientist who previously had a significant career at Microsoft, where he led the development of Internet Explorer. This background in both software development and neuroscience provided a unique perspective for creating a new human-computer interaction paradigm. Co-founder and CSO, Patrick Kaifosh, holds a Ph.D. in neuroscience from Columbia University, where he worked with Nobel laureate Richard Axel, contributing deep scientific expertise to the company's core technology.
CTRL-Labs' primary product was the CTRL-kit, a developer-focused armband that allowed software creators to experiment with this new form of input. The device aimed to create a seamless connection between human thought and digital action, moving beyond the limitations of keyboards, mice, and touchscreens. The business model centered on providing this hardware and the accompanying software development kit (SDK) to developers, enabling them to build applications for a future where controlling technology feels like a natural extension of the body. The company's journey culminated in a significant milestone in September 2019 when it was acquired by Facebook (now Meta) for a sum reported to be between $500 million and $1 billion, integrating its technology into Meta's Reality Labs to further the development of AR and VR interfaces.
At a glance
- Status
- Acquired
- Founded
- 2015
- Headquarters
- New York City, United States
- Employees
- 8
- Open positions
- None listed
- Dealroom signal
- 81.6/100
- Sector
- Robotics, Human Computer Interaction, Neurology, Core AI, Spinout, Brain Computer Interfaces, AI Applications, DT and LS
- Technology
- Artificial Intelligence, Hardware, Deep Tech, Machine Learning, Nanotech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Sep 2019 | $800M | $800M | Meta | ↗ |
| SERIES BOther financing | Feb 2019 | $28M | $112M | Lux Capital · Matrix Partners · Spark Capital · Fuel Capital | — |
Growth signals
Latest recorded traffic for CTRL-Labs is 300 monthly website visits, down 46.4% over the last three months. CTRL-Labs's team grew 14.3% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A7 investors entered at this stage
Spark Capital
Fuel Capital
OATV
Breyer Capital
Matrix Partners
GV
Lux Capital
Other known investors2 additional known investors
Columbia University
Meta
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about CTRL-Labs on X, ranked by likes and reposts, corporate channels excluded.
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