Intel's computer vision subsidiary RealSense has become a standalone company after receiving $50 million in funding.
The funding round, led by an unnamed semiconductor private equity firm, will enable RealSense to expand into AI, robotics, and biometrics markets.
RealSense specializes in depth and tracking for robots and drones, with popular 'depth cameras' that help devices perceive and understand 3D environments.
The company sees significant opportunities in the robotics and biometrics markets as it plans to accelerate its product development and expand its team with the funding.