Cube26 raised funding from Flipkart and Tiger Global in its seed round. The funding amount as reported is over $7.7 Mn that nearly amounts to INR 50 Cr. Cube26 is Delhi based gesture technology startup.
The company was founded by Saurav Kumar, Aakash Jain and Abhilekh Agarwal in 2012.
Services Offered by Cube26
Cube26 softwares provides services like presence detection, natural gesture recognition, gaze tracking, face body recognition, age/gender identification, emotion detection and gaming interaction software that makes the communication between users and devices natural and seamless.
Cube26 : Plans with Funding
The company plans to use 85% of the funding for technical upgradation and R&D, launching new services such as Iota, B2C products and more B2B tie-ups and rest into team building.
“We focused a lot on gesture earlier, but then we moved onto utility-based application, and that was when we realised that gesture is just one part of the equation. A lot of services are there, but integration of these services into products was missing and that is where we said that we’ll focus on this market.”- Saurav Kumar, co-founder & CEO at cube26
Clientele and Current Worth
Micromax, Flipkart, Lava, Freecharge, Panasonic, Intex and Karbonn Mobile India are few big names in clientele of Cube26. The company’s is valued at $75 to $80 Mn with monthly revenue of $154K (INR 1 Cr.)