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October 27, 2011 03:27 pm GMT
Behind the lasers and mirrors, Prysm is turning from a scrappy start-up to a major player. The company is announcing today an additional $100 million in equity funding, bringing their total raised financing to $135M. This latest round of funding comes Partech International and Artiman Ventures along with several global unnamed investors that wish to remain anonymous due to the innovative nature of Prysm's technology. The large round allows Prysm to start volume production of its displays as well as build a 150 member global support team. Amit Jain, founder and CEO of Prysm indicated in a released statement today that the funds will be used in part to train personal and support Prysm operations in 11 major worldwide markets.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/SinDaVkeAF0/
Prysm Raises 100M In Equity Funding, Begins Volume Production Of Its Laser Phosphor Displays
Behind the lasers and mirrors, Prysm is turning from a scrappy start-up to a major player. The company is announcing today an additional $100 million in equity funding, bringing their total raised financing to $135M. This latest round of funding comes Partech International and Artiman Ventures along with several global unnamed investors that wish to remain anonymous due to the innovative nature of Prysm's technology. The large round allows Prysm to start volume production of its displays as well as build a 150 member global support team. Amit Jain, founder and CEO of Prysm indicated in a released statement today that the funds will be used in part to train personal and support Prysm operations in 11 major worldwide markets.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/SinDaVkeAF0/
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