Video Archives

Realeyes3D S.A.

Product Name

qipit

Market Segment

Consumer mobile

Funding

Series A: Venture funded, $4.2 million. Series B: Venture funded, $9.3 million. Investors include Atlas Ventures, Partech International, Greenpark Capital (formerly Siemens Acceleration in Communications) and T-Source.

Competitors

ScanR

Product Description

Qipit is a consumer online service that allows users to capture written and printed information with a camera phone, store and manage it for future use, and share it with friends, colleagues or business associates. Qipit turns handwritten notes, documents, contracts, articles and white-boarded information into crisp, clean digital copies that can be saved and shared via email or fax.

Market Opportunity

According to a new forecast by Lyra Research, the worldwide camera-phone installed base will reach over 850 million units in 2006, growing to an estimated 1.5 billion units in 2010. In a recent benchmark Survey, M: Metrics found that students alone spent $41 to $60 per month on mobile services.

Demo Says

Three years ago, a small French company came to DEMOmobile to demonstrate its mobile image capture and correction technology. the company’s work established applications for the mobile phone camera that go well beyond snapshots. Today, Realeyes3D is launching a strong presence in the United States with a robust service that sits at the center of mobile information management. This company is well worth watching as it continues to innovate new uses for the camera-equipped mobile phone.