Leap Motion and Highland Capital Partners have partnered to create a Leap Fund amounting to $25 million. The fund is aimed to heal and support businesses and entrepreneurs through investments in different areas of the market including education, healthcare, information and technology, security, big data and productivity.
Leap Motion is a three dimensional motion technology company.
Highland Capital Partners, headquartered in different cities including Boston and Shanghai, is a multinational venture capital firm. Both Highland Capital and Leap Motion will be jointly engaged in the activities of the fund, focused on the development of Leap Motion's motion tech platform.
Highland Capital Partners' Manish Patel said, "With the Leap Fund, we aim to make investments in companies that will further accelerate the adoption of Leap Motion. This technology has the potential to transform numerous industries and impact millions of people, and we're excited to support the company."
Leap Motion's Chief Executive Officer Michael Buckwald commented on the partnership: "Highland Capital Partners has championed our mission of breaking down barriers between people and technology from day one."
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