# SensAble Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sensable-technologies

- Industry: Software
- Headquarters: Wilmington, US
- Website: www.sensable.com
- Total disclosed funding: $31M
- Latest round: Series D (Mar 8, 2010)
- Investors on record: 10

## About

SensAble Technologies, Inc. develops advanced haptic devices, enabling users to experience tactile feedback in virtual environments. Their innovative solutions cater to various industries including aerospace, healthcare, and consumer technology.SensAble Technologies, Inc. specializes in creating haptic devices that enhance user interaction in virtual settings. Founded in Wilmington, US, the company has undergone various developments in its technology. The firm was acquired by Geomagic in April 2012, though the financial terms of the deal were not disclosed. The current CEO is not specified.SensAble Technologies, Inc. focuses on advanced haptic devices that provide realistic touch experiences in digital environments. Their product line includes the Phantom Premium, Touch X, and OpenHaptics Developer Software, catering to diverse applications across aerospace, healthcare, and consumer technology sectors. These offerings are crucial for enhancing research and design workflows through tactile feedback, serving clients that range from academic institutions to major enterprises across North America, Europe, and Asia-Pacific.The revenue model of SensAble Technologies is primarily based on the sale of haptic devices and associated software, engaging directly with B2B clients. Sales can occur through one-time transactions or subscription models that may include ongoing support and software updates. Their flagship products target professional users who require high-quality haptic feedback for complex simulations, while partnerships with educational institutions and industry leaders contribute to collaborative projects that leverage their technology. Pricing is aligned with the premium nature of their offerings.Moving forward, SensAble Technologies plans to enhance its product offerings, focusing on upcoming haptic devices and software enhancements aimed at enriching user experiences in virtual environments. The company is targeting expansion into new geographic regions, though specific markets have not been detailed. The recent funding round, amounting to USD 0.74 mn, will support these initiatives as the firm integrates innovative technologies and continues exploring potential collaborations with other industry players.

## Funding rounds

- Series D, Mar 8, 2010, $8M — North Bridge Venture Partners, HLM Venture Partners
- Series C, Jul 21, 2000, $23M — Advent International, Seligman Investments, HLM Venture Partners, IBM Ventures, Wellington Management, Acer, Wanger Asset Management, Federated Hermes, MF Private Capital, Inc.

## Investors

- Advent International (https://capitalatlas.ai/funds/advent-international) — Series C
- Seligman Investments (https://capitalatlas.ai/funds/seligman-investments) — Series C
- HLM Venture Partners (https://capitalatlas.ai/funds/hlm-venture-partners) — Series C, Series D
- IBM Ventures (https://capitalatlas.ai/funds/ibm-ventures) — Series C
- Wellington Management (https://capitalatlas.ai/funds/wellington-management) — Series C
- Acer — Series C
- Wanger Asset Management — Series C
- Federated Hermes (https://capitalatlas.ai/funds/federated-hermes) — Series C
- MF Private Capital, Inc. — Series C
- North Bridge Venture Partners (https://capitalatlas.ai/funds/north-bridge-venture-partners) — Series D