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Eyefluence

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Eye-interaction technology for AR, VR, and MR devices which transforms intent into action through the eyes

Milpitas, United StatesFounded 2013Other B2B Software
Valuation $50–100M Last recorded · 2015
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Eyefluence and the history behind them.

About Eyefluence

Eyefluence was a technology firm established in 2013 that focused on developing eye-interaction solutions for virtual and augmented reality devices. The company was founded by the serial entrepreneur Jim Marggraff and David Stiehr. Marggraff, an MIT graduate with degrees in electrical engineering and computer science, has a notable history of creating successful ventures, including the LeapPad Learning System and the Livescribe smartpen, both of which have had a significant impact on educational technology. His experience in creating innovative human-computer interfaces was a direct precursor to the work undertaken at Eyefluence.

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The company's core business was the development of a sophisticated eye-tracking user interface designed to be integrated into head-mounted displays (HMDs) for augmented reality (AR), virtual reality (VR), and mixed reality (MR) platforms. The business model centered on licensing its technology and partnering with HMD manufacturers across various sectors, including enterprise, industrial, government, and consumer applications. Before its acquisition, Eyefluence had successfully raised $21.6 million in funding from investors such as Intel Capital, Motorola Solutions Venture Capital, and Dolby Family Ventures, signaling strong market confidence in its trajectory.

Eyefluence’s key product was its iUi (interactive user interface), which translated a user's intent into action by tracking the eye's natural movements. Unlike conventional eye-tracking systems that required deliberate actions like winking or prolonged staring to register a command, Eyefluence's technology was designed to be intuitive and fast. The platform allowed users to perform complex interactions, such as navigating menus or sending messages, simply by looking, aiming to make interaction within a headset as seamless as using fingers on a smartphone. The system worked in various lighting conditions, required minimal power, and included biometric identification through iris scanning. This technology held the potential to solve a critical input challenge for HMDs, which often lack a natural control method. A significant milestone for the company was its acquisition by Google in October 2016 for an undisclosed sum. The acquisition included the Eyefluence team and its valuable portfolio of over 30 patents and pending applications, which were integrated into Google's Advanced Technology and Projects (ATAP) division to bolster its efforts in the VR/AR space, particularly for its Daydream platform.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2013
Headquarters
Milpitas, United States
Open positions
None listed
Dealroom signal
52.8/100
Sector
Other B2B Software, Mechanical Solutions, Analytics, Consumer Electronics, Eye Tracking, Biotechnology, Drug Development, Immersive Technologies
Technology
Hardware, Deep Tech, Augmented Reality, Virtual Reality, Connected Device
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Oct 2016 — — Alphabet | Google —
SERIES B✓Equity / VC Nov 2015 $14M $56M NHN Investment · JAZZ Venture Partners · Intel Capital · Dolby Family Ventures —
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Growth signals

Eyefluence website traffic

Latest recorded traffic for Eyefluence is 4.1K monthly website visits, up 5025% over the last three months.

Latest monthly visits4.1K 3-month web change+5025%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

  • Intel Capital
  • NHN Investment
  • JAZZ Venture Partners
  • Motorola Solutions
  • Dolby Family Ventures

Other known investors2 additional known investors

Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Milpitas HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Eyefluence on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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