January 20, 2010.

Lund (Sweden), and Blackburn (UK). FlatFrog Laboratories AB, a developer and manufacturer of optics-based multi-touch kits and subsystems, today announces that it has raised €12.5 million (approximately US$18 million) in new equity from international strategic and institutional investors.
This investment round was co-led by Invus, an international equity investor, and Promethean, a world leader in the rapidly growing global market for interactive learning technologies. The new investors join existing financial investor Sunstone Capital.

Proceeds from this new round of funding will be used to commercialize, FlatFrog’s product line of large high-performance, multi-touch in-glass displays. These systems will initially target the education, gaming, hospitality and digital signage markets. At the same time, FlatFrog is accelerating the development of high-performance optics-based multi-touch kits and subsystems designed for smaller form-factor, high-volume...