EPOS Technologies – Profile
HQ: Kfar Sava, Israel
Management: CEO is Oded Eliashiv – sadly, his bio tells us nothing.
Investors: In April 2005, the company raised $5M in Series A funding from Jerusalem Venture Partners.
Business Model: The company is developing a new generation of low-cost positioning technologies that are affordable for a range of consumer electronics devices. The technology can cheaply create touch-screens out of cell phones or handhelds. Examples are a digital pen that doubles as a wireless mouse enabling users to capture notes in real-time and display them on a PC or mobile phone. It’s also targeting the gaming sector by providing technologies for “light guns.”
Competitors: The technology is different but the applications are similar to those of Lumus.
Dirt: The company has yet to bring in revenues, but claims that its first application, a smart pen, will be brought to market by a partner in 2005. EPOS is another R&D company that developed technology that can be used in a broad number of applications. Its challenge is to settle down and figure out which market will make money right away.