Former Apple executive Andy Miller left his position as president and chief operating officer of wireless computer controller maker Leap Motion three weeks ago, around the time the company was preparing to cut 10 percent of its staff following disappointing sales of its products.
Miller has become an adviser to San Francisco-based Leap Motion, a company spokeswoman said, confirming a report on Re/code.Founded in 2010, Leap Motion got enormous amounts of press when it unveiled an $80 palm-sized motion-control and motion-sensing device for controlling computers with gestures.
In fact, the number one reason for downtime in arm-mount camera applications is cables. It’s not unheard of for a $300,000 cell to go down because of a $300 cable. Fortunately, with new camera standards, robot-mounted cable management has become easier.
“Most of the large OEMs realize the importance of cable management,” says David McCain, Manager Robotic Solutions at LEONI Engineering Products & Services Inc., a cable and dress-out manufacturer in Lake Orion, Michigan. He says it’s usually the Tier 1 and Tier 2 suppliers that could benefit from assistance in cable management.
Leap Motion backer Highland Capital Partners even created a $25 million fund to invest in entrepreneurs and companies developing products around the company's hardware and software technology.Reviews of Leap Motion's devices were disappointing after it shipped, however, and sales were about a third of what the company hoped to achieve. As a result, the company, which grew to a peak of 120 employees, cut back on staff.
Miller remains a partner at Highland Capital Partners, which he joined after working for nearly two years as a vice president of mobile advertising at Apple. Highland is among investors who have sunk $44.1 million into Leap Motion.
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