Leap Motion gives you hands in virtual reality.
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Leap Motion raises $50 million for key component of VR’s growth: hand-tracking tech

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Leap Motion has raised $50 million for its virtual reality hand-tracking technology.

J.P. Morgan Asset Management led the round. It’s a big vote of confidence in the next generation of VR, as Leap Motion makes sensors that can detect your hand and finger motions in the real world and then translates them into the virtual world. VR is expected to be a $25 billion market by 2021, according to tech adviser Digi-Capital.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.