CogniTens

Company Overview

Snapshot

Founded in January 1995 by Amnon Shashua, CogniTens operated with 51–200 employees. The company raised $10.5M across three funding rounds from four investors before being acquired by Hexagon in December 2007.

Business overview

CogniTens specializes in industrial technologies, providing three-dimensional optical measurement solutions. The company's core technology focuses on white light 3D scanning systems, primarily serving markets that require precise measurement of sheet metal parts and assemblies. CogniTens operates within sectors such as metrology, inspection and testing, and 3D technology, with a business model centered on B2B engagements.

Strategic signal

In December 2007, CogniTens was acquired by Hexagon, a significant event that concluded the company's independent operations. This acquisition integrated CogniTens' white light 3D scanning technology into Hexagon's portfolio, signaling a strategic move by Hexagon to enhance its offerings in the non-contact measurement sector and providing a clear exit for CogniTens' investors.

Company Intelligence Q&A

What is CogniTens' primary business?

CogniTens develops and provides three-dimensional optical measurement solutions, specifically white light 3D scanning systems, for measuring sheet metal parts and assemblies.

When was CogniTens founded and by whom?

CogniTens was founded in January 1995 by Amnon Shashua.

What was a significant corporate milestone for CogniTens?

In December 2007, CogniTens was acquired by Hexagon, marking a key exit for the company.

Which investors participated in CogniTens' funding rounds?

CogniTens received funding from investors including Vertex Ventures Israel and Star Ventures across its funding history.

What was the total capital raised by CogniTens?

CogniTens raised a total of $10.5M across three funding rounds.