OTM Technologies Overview
OTM Technologies is the inventor of Phree, a digital pen using optical translation measurement (OTM) technology. Phree creates digital ink in real time on the target device, whether computer or mobile. Phrees underlying OTM technology is composed of a laser-based, optical motion measurement sensor that tracks the users handwriting and sends it via Bluetooth to any paired device. Its sophisticated proprietary optical tracking engine provides exceptional resolution and speed. Phree also features headset functionality as well as an interactive screen. The pen tracks motion at a distance of up to one inch between its tip and the writing surface, allowing for natural handwriting. The accuracy of the pen supports biometric identification, including factors such as grip angle, pressure, velocity, and acceleration. Phree provides a true input device for virtual reality and augmented reality interaction and content creation. With Phree, the user can interact freely with a variety of software programs, including Evernote, Microsoft Office, OneNote, Acrobat, Google Handwriting Keyboard, and Viber.
Cumulative Funding Raised Over Time ($)
$1.1MMar 2016
$2.6MMar 2016
Latest News
growth-positive
Write anywhere with the phree digital pen
OTM Technologies has created Phree, a smart pen that allows users to write or sketch on any surface and have it instantly appear on the screen of their phone or tablet. The device uses a Bluetooth connection and the companys patented Optical Translation Measurement (OTM) technology. OTM Technologies had a successful campaign on Kickstarter, raising over $1 million from more than 5000 backers. Phree is compatible with major operating systems and is available for pre-order starting at $198.
Customers
growth-positive
Meet the next leader of the Phree world
OTM Technologies, the company behind Phree, a smart pen that tracks handwriting on any surface and displays it on digital devices, is experiencing growth-positive impact. Phree has gained significant attention and support, surpassing its Kickstarter campaign goal and attracting private investors. The device is set to ship in March 2016 and is compatible with various software and apps. The founders of OTM Technologies are confident in the potential of their product and are seeking additional funding to accelerate their path to market. Phree has limitless real-world applications and is expected to become a vital tool for work and entertainment experiences.
Expand
growth-positive
The writing's on the wall with Phree smart pen
OTM Technologies, an Israeli company, has developed a digital pen called Phree that allows users to document and share a digital copy of their handwritten notes or sketches. The pen shoots a laser beam from its tip, which digitalizes the handwriting or drawings on any surface and converts them into a motion signal that can be captured by a smartphone or other devices. Phree is compatible with existing software and connects to devices via Bluetooth. The pen has already surpassed its crowdfunding target on Kickstarter, and the retail price is expected to be around $200 USD. The company plans to deliver the product to its backers in March 2016.
PartnersInvestment
growth-positive
This Smart Pen Lets You Answer Calls And Send Texts Without Ever Looking At Your Phone
OTM Technologies, an Israeli company, has developed a smart mobile input pen called Phree. The pen allows users to dial and answer calls, send text messages, and doodle on any virtual surface. It has surpassed its $100,000 Kickstarter funding goal and has raised $295,085 from over 100,000 backers. Phree uses Optical Translation Measurement (OTM) technology to track hand movements and translate them into figures relative to any physical surface. It is compatible with major productivity apps and has a small screen for receiving calls and reading texts. The pen is currently sold for $189 in an Early Bird deal. The article highlights the potential awkwardness of blindly writing on a surface without knowing what is being written.
Customers
growth-positive
Phree smartpen is designed to work on any surface, including your face
Israel-based OTM Technologies smartpen, Phree, has surpassed its $100,000 goal on Kickstarter, with pledges reaching around $323,000. The smartpen, which can input on virtually any surface and store notes or drawings in a smartphone or tablet, uses a 3D laser patented by OTM Technologies. It can also connect to a smartphone or tablet via Bluetooth and is designed to work with laptops and some smart TVs. The device also comes with a built-in handset for taking calls and a tiny screen for reading text messages.
Investment
| Sector | Media & Entertainment Technologies |
Funding
| Total funding | Undisclosed |
| Last funding | $1.53M |
| Stage | Mature |
| Rounds | 2 |
| Investors | 2 |
Team Members
3
Employees: 1-10
Web & Social Links
| Website | otmtech.com |
Locations
Herzl St 22, Ra'anana, Israel
Photos & Videos
2 item(s)
OTM Technologies Business
Business models
B2C
Product stage
Released
Employees
1-10
Sector
Media & Entertainment TechnologiesDigital Content Engagement & EntertainmentTarget Customer
ConsumersCore Technology
SensingBiometricsOpticCommunicationsBluetoothTags (5)
bluetoothopticsenterprisesconsumersmotion-trackingOTM Technologies Financials
Undisclosed
Total funding
Undisclosed
Capital raised
$1.53M
Last funding
Mature
Funding stage
2
Total rounds
2
Investors
Cumulative Funding Raised Over Time ($)
$1.1MMar 2016
$2.6MMar 2016
Private Equity Funding
Crowdfunding
Mar 2016
$1.07M
Kickstarter
Crowdfunding
Mar 2016
$1.53M
Indiegogo
OTM Technologies Lifecycle
Cumulative Funding Raised Over Time
$1.1MMar 2016
$2.6MMar 2016
All Events
Crowdfunding
Mar 2016
$1.07M
Kickstarter
Crowdfunding
Mar 2016
$1.53M
Indiegogo
OTM Technologies News
7 articles
growth-positive
Write anywhere with the phree digital pen
OTM Technologies has created Phree, a smart pen that allows users to write or sketch on any surface and have it instantly appear on the screen of their phone or tablet. The device uses a Bluetooth connection and the companys patented Optical Translation Measurement (OTM) technology. OTM Technologies had a successful campaign on Kickstarter, raising over $1 million from more than 5000 backers. Phree is compatible with major operating systems and is available for pre-order starting at $198.
Customers
growth-positive
Meet the next leader of the Phree world
OTM Technologies, the company behind Phree, a smart pen that tracks handwriting on any surface and displays it on digital devices, is experiencing growth-positive impact. Phree has gained significant attention and support, surpassing its Kickstarter campaign goal and attracting private investors. The device is set to ship in March 2016 and is compatible with various software and apps. The founders of OTM Technologies are confident in the potential of their product and are seeking additional funding to accelerate their path to market. Phree has limitless real-world applications and is expected to become a vital tool for work and entertainment experiences.
Expand
growth-positive
The writing's on the wall with Phree smart pen
OTM Technologies, an Israeli company, has developed a digital pen called Phree that allows users to document and share a digital copy of their handwritten notes or sketches. The pen shoots a laser beam from its tip, which digitalizes the handwriting or drawings on any surface and converts them into a motion signal that can be captured by a smartphone or other devices. Phree is compatible with existing software and connects to devices via Bluetooth. The pen has already surpassed its crowdfunding target on Kickstarter, and the retail price is expected to be around $200 USD. The company plans to deliver the product to its backers in March 2016.
PartnersInvestment
growth-positive
This Smart Pen Lets You Answer Calls And Send Texts Without Ever Looking At Your Phone
OTM Technologies, an Israeli company, has developed a smart mobile input pen called Phree. The pen allows users to dial and answer calls, send text messages, and doodle on any virtual surface. It has surpassed its $100,000 Kickstarter funding goal and has raised $295,085 from over 100,000 backers. Phree uses Optical Translation Measurement (OTM) technology to track hand movements and translate them into figures relative to any physical surface. It is compatible with major productivity apps and has a small screen for receiving calls and reading texts. The pen is currently sold for $189 in an Early Bird deal. The article highlights the potential awkwardness of blindly writing on a surface without knowing what is being written.
Customers
growth-positive
Phree smartpen is designed to work on any surface, including your face
Israel-based OTM Technologies smartpen, Phree, has surpassed its $100,000 goal on Kickstarter, with pledges reaching around $323,000. The smartpen, which can input on virtually any surface and store notes or drawings in a smartphone or tablet, uses a 3D laser patented by OTM Technologies. It can also connect to a smartphone or tablet via Bluetooth and is designed to work with laptops and some smart TVs. The device also comes with a built-in handset for taking calls and a tiny screen for reading text messages.
Investment
growth-positive
Phree smartpen digitizes your doodles, no matter where you draw them
Israeli startup OTM Technologies has developed a Bluetooth smartpen called Phree that can convert real-life scribbles into digital notes in real-time. The pen shoots a laser beam from its tip onto any writing surface, and the information is processed by algorithms and converted into digital doodles. Phree is compatible with existing software and can connect to any device with a Bluetooth connection. OTM Technologies has launched a Kickstarter campaign to bring Phree to market, and has already raised over $500,000. Shipping is expected in April 2016.
PartnersInvestment
growth-positive
Phree is a digital stylus that works on any surface - almost
Israel-based OTM Technologies has developed a digital pen called Phree, which allows users to write on any surface and connect to devices via Bluetooth. The pen utilizes an optical sensor to measure motion in three dimensions and works with Windows and Android-based applications. OTM plans to go into production in the coming months and has already raised over $1.5 million through pre-orders on Indiegogo.
Investment
OTM Technologies Team
Employee Info
| Employees (range) | 1-10 |
| Exact count | 2 |
| Team members | 3 |
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OTM Technologies Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 512582966 |
| Crunchbase | otm-technologies |
| Phone | +97299701800 |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2025-01-28T00:00:00.000Z |
| Created | 2015-04-12T00:00:00.000Z |
| Claimed | Yes |