New Israeli Smart Pen Etches Its Way Onto Kickstarter

The device, which enables you to write on almost any surface, brought in $100,000 in its first day on the crowdfunding platform.

OTM Technologies (Courtesy)

A new Israeli gadget, launched last week, has had spectacular success on the popular global crowdfunding platform Kickstarter. The smart pen, called Phree, managed to rake in $100,000 in the first 24 hours. A week later, it brought in $300,000 worth for its developers.

The new device fills in where smartphones and tablets are less practical – in creating content. Typing on keypads is often inconvenient and even stylus pens are not ideal when screens are small.

Phree does not rely on keyboards or screens, instead allowing you to write or draw on almost any surface, including the back of your hand. The wireless connection transmits the information to the device. The smart pen can also connect to a computer or even to a smart TV. It is compatible with applications such as Office, Viber and others.

The device, developed by Opher and Uri Kinrot, together with Gilad Lederer from OTM Technologies, can substitute for a mouse or a microphone for phone calls.

The developers examined several options to keep the price of the device low. Currently there are versions going for $160 and up.