Leap Motion, Inc. (formerly OcuSpec Inc.)[1][2] was an American company, active from 2010 to 2019, that manufactured and marketed a computer hardware sensor device.
[2] The company raised a $1.3 million seed financing round in June 2011 with investments from venture capital firms Andreessen Horowitz, Founders Fund, and SOSV, as well as several angel investors.
[11] In March 2014, it was reported in TechCrunch that roughly 500,000 units had been sold, far short of initial expectations; as a result, Leap Motion announced layoffs for 10 percent of its workforce, primarily in sales and marketing.
[20] In March 2015, it was announced that the upcoming OSVR Hacker Development Kit would include an optional faceplate with embedded Leap Motion module.
[23][3] Ultraleap continued to develop the Leap Motion technology, supporting Android with the release of Gemini,[24] and later expanding the computer vision functionality with Hyperion.
[25] Shortly after the launch of Hyperion in June 2024, the company announced plans to half its workforce and sell off the Leap Motion technology once more.
[31][32] The Leap Motion Controller is a small USB peripheral device which is designed to be placed on a physical desktop, facing upward.
[37] The smaller observation area and higher resolution of the device differentiates the product from the Kinect, which is more suitable for whole-body tracking in a space the size of a living room.
[38] In a demonstration to CNET, the controller was shown to perform tasks such as navigating a website, using pinch-to-zoom gestures on maps, high-precision drawing, and manipulating complex 3D data visualizations.
[39][40] In December 2013, Founders Fund and SOSV announced the LEAP.AXLR8R, a business accelerator for startups making innovative use of the Leap Motion controller.
The Leap Motion Controller has also been used by surgeons and researchers for medical software,[57][58][59] automotive companies for concept cars,[60] and musicians for composition in Ableton Live.