Light, a Palo Alto, CA-based tech photography company, raised $25m in series B financing.
The round was led by Formation 8 Hardware Fund with participation from StepStone Group LP, Bessemer Venture Partners (BVP), CRV, Foxconn’s FIH Mobile Ltd., Sanjay Jha, and CrunchFund.
The company intends to use the funds for further development of its patented camera technology, expand their team and scale production infrastructure.
Co-founded by Dave Grannan (CEO) and Rajiv Laroia (CTO) in 2013, Light is a team of creative technologists on a mission to reimagine the art and science of photography via camera technology for phone makers that will allow their devices to do true optical zoom, have low-light performance and get high-resolution photos that are on par with DSLR cameras.
FinSMEs
31/07/2015