GV Leads $30M Series C Funding for Camera Developer Light

7/6/16

Palo Alto, California-based Light, maker of a high-tech, multi-aperture computational camera called the L16, announced it has raised $30 million in Series C funding led by GV. The company has now raised about $65 million in funding since it was launched in 2013, according to data from Thomson Reuters. GV, formerly called Google Ventures, was joined by returning investors Bessemer Venture Partners, CRV, Eclipse Ventures, StepStone Group, strategic investor Foxconnand Paul Jacobs, executive chairman of Qualcomm.

Light also announced it is offering wider zoom for its pre-sale orders, and in has increased storage to 256GB of internal memory, up from 128GB. However, the company says the camera is sold out until 2017.

Source: Blog post

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