Crain’s Recognizes Rithmio for Receiving $650,000 Funding

Research Park startup, Rithmio Inc., has raised $650,000 from investors that include Hyde Park Venture Partners, Illinois Ventures, Techra Investments and Serra Ventures. 

Rithmio was founded by University of Illinois graduate student, Adam Tilton, about a year ago.  Rithmio has created gesture recognition software that can be integrated with any device to produce accurate and detailed analytics.  In April, Rithmio won U of I’s Cozad Venture Competition.  Rithmio has not lined up any customers yet, but they hope to license the technology to companies that make wearables and fitness trackers.

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