Wednesday, October 19, 2016
Oblong Industries Finds $65M
Los Angeles-based Oblong Industries, the developer of gesture-enabled user interface technology, has raised $65M in an expansion stage investment, according to the company. The funding came from Greenspring Associates, Industry Ventures, and UTIMCO, as well as Morgan Stanley and Foundry Group. Oblong said its customers now include NASA, PwC, and IBM, along other Fortune 500 and Forbes Global 2000 companies. John Underkoffler is CEO of Oblong.