GlassesOff Inc. (OTCBB:GLSO) announced that it has received $5 million funding. GlassesOff intends to use the net proceeds from the sale of the common shares to fund research and development, future potential acquisitions, working capital and general corporate purposes. GlassesOff also may use a portion of the net proceeds, currently intended for general corporate purposes, to acquire or invest in technologies, products or services that complement its business.