Virtual keyboard developer VKB Inc., today announced that it has raised $4.4 million in its Series C funding led by Toibb Enterprises.
VKB has developed a proprietary virtual interface technology. The company’s first product is a small accessory for wireless handhelds that projects a full-size, fully functional keyboard on any flat surface and facilitates touch-typing input.
The company intends to embed the virtual interface technology in a wide array of communications, computing and entertainment devices, including cell phones, PDAs, ultra-light notebook computers, gaming consoles, interactive television set top boxes, digital media gateways and many touch screen applications
VKB is headquartered in Menlo Park, California, with research and development facilities in Israel.
This new round brings the total amount raised to over $11 million. VKB will use the new funding to further product development and expand its engineering and sales teams.
Toibb Enterprises also funded VKB in previous rounds, and founder and chairman Harris Toibb is the chairman of the board for VKB.
"This round of financing is a strong validation of our vision and technology," stated VKB president Jonathan Curtiss. "We are very pleased that Toibb Enterprises continues to believe in our business and look forward to our next phase in 2005 as we move from burning to earning."
Published by Globes [online], Israel business news - www.globes.co.il - on Monday, January 17, 2005