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Hillcrest Labs

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Global supplier of software and hardware for motion-enabled products

Redland, United StatesFounded 2001Consumer Services
Valuation $25–50M Last recorded · 2011
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Hillcrest Labs

Hillcrest Labs, founded in 2001 by Daniel Simpkins and initially named Hillcrest Communications, established itself as a significant entity in sensor processing technology. Simpkins, who had previously founded SALIX Technologies, started the company to simplify television navigation, which he felt had become overly complex. The firm’s core business revolved around licensing its proprietary software and selling components for sensor processing, primarily to original equipment manufacturers (OEMs) and semiconductor companies. This business model allowed its technology to be integrated into a wide array of consumer electronics.

The company's flagship product was the Freespace motion-control technology, which translates physical gestures into on-screen motion, effectively turning a remote control into a mouse for the television. This technology was embedded in its MotionEngine software, a line of products that provided low-power, high-accuracy sensor processing for various applications. Prominent clients like LG, Sony, Logitech, and Roku integrated Freespace into their products, such as in LG's Magic Motion remote and the Roku 2's game remote. Beyond television remotes, Hillcrest's technology found application in virtual and augmented reality (VR/AR) headsets, robotics, and other Internet of Things (IoT) devices. The company developed a portfolio of solutions including 6-axis and 9-axis sensors and software featuring high-accuracy fusion, dynamic sensor calibration, gesture recognition, and activity tracking.

Over its history, Hillcrest Labs achieved several milestones. In 2006, it launched its first products, the Loop pointer and the HoME television navigation system. The company successfully raised $60.7 million over six funding rounds from investors including New Enterprise Associates, Columbia Capital, and AllianceBernstein. After being acquired by InterDigital in 2016, Hillcrest Labs was subsequently acquired by CEVA in July 2019. This final acquisition was a strategic move for CEVA to enhance its smart sensing portfolio, combining Hillcrest's sensor fusion expertise with its own signal processing and AI platforms for connected devices.

Source: Dealroom company data

At a glance

Founded
2001
Headquarters
Redland, United States
Sector
Consumer Services

Investors

3 investors on the cap table

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

Series A2 investors entered at this stage

  • NEA
  • Columbia Capital

Series B and later1 investor entered at this stage

  • AllianceBernstein
Team profiled 18 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

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