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Rithmio
company
About
Rithmio is a gesture recognition company that provides motion recognition software for wearables and connected clothing.
- 11 - 50
Details
- Last Funding Type
- Grant
- Last Funding Money Raised
- $150K
- Industries
- Embedded Software,Machine Learning,Software,Wearables
- Founded date
- Jul 11, 2014
- Number Of Employee
- 11 - 50
- Operating Status
- Close
Rithmio's motion recognition software, Constellation, is used to create the next generation of wearables and connected clothing. Rithmio has strategic partnerships with leading semiconductor companies and consumer electronics manufacturers that embed Constellation at the System on Chip or reference design level. It was founded in 2014 and headquartered in Chicago, Illinois.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
3
$3.80M
Rithmio has raised a total of
$3.80M
in funding over 2 rounds. Their latest funding was raised on
Dec 8, 2015 from a Grant round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 8, 2015 | Grant | $150K | 1 |
National Science Foundation
|
— | Detail |
| Jun 30, 2015 | Seed | $3M | 3 | — | — | Detail |
| Sep 25, 2014 | Seed | $650K | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
5
Rithmio is funded by 5 investors.
National Science Foundation
and Foley Ventures
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
National Science Foundation
|
Yes | Grant |
Foley Ventures
|
— | Seed |
New Coast Ventures
|
— | Seed |
EMERGE CoLab (Powered by TechNexus Venture Collaborative)
|
— | Seed |
Techra Investments
|
— | Seed |
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