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27/10/2009 New Funding Round: Investment to be used to advance mobile 3-D recognition

Mobile Acuity announces the successful closing of a further round of financing to further the development of Mobile Acuity's 3-D product recognition technology"

We are now beginning to see the mobile visual search market mature and become a key technology in the next round of mobile services. In particular:
  • Many other companies are looking at this space since Amazon entered the market as a major player
  • Mobile search is expected to be big business and searching using the camera - rather than the keypad - creates usability benefits on mobile
  • Despite difficult market conditions money is still going into innovative mobile technologies
  • UK companies are at the leading edge of key technologies for the next round of mobile service innovation

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