Tech Company Financing Transactions

PixelOptics Funding Round

PixelOptics secured a $45 million funding round on 4/7/2011. Investors included Safeguard Scientifics, Delphi Ventures and Horizon Technology Finance.

Transaction Overview

Company Name
Announced On
4/7/2011
Transaction Type
Debt
Venture Equity
Amount
$45,000,000
Round
Undisclosed
Proceeds Purpose
Proceeds will be used for working capital to launch and commercialize the company's product emPower!, the world's first and only electronically-focusing prescription eyewear.

Company Information

Company Status
Out of Business
Industry
Medical Devices & Instruments
Mailing Address
5241 Valleypark Drive
Roanoke, VA 24019
USA
Email Address
Overview
PixelOptics, Inc. intends to impact the $54 billion global optical vision care industry, with its solidly patented electro-active optics technology platform; PixelOptics has invented and is developing dynamic and intelligent optics for use in spectacle lenses for the correction of presbyopia (loss of near focus after the age of 40+).
Profile
PixelOptics LinkedIn Company Profile
Social Media
PixelOptics Company Twitter Account
Company News
PixelOptics News
Facebook
PixelOptics on Facebook
YouTube
PixelOptics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brett Craig
  Brett Craig LinkedIn Profile  Brett Craig Twitter Account  Brett Craig News  Brett Craig on Facebook
Chief Technical Officer
Bill Kokonaski
  Bill Kokonaski LinkedIn Profile  Bill Kokonaski Twitter Account  Bill Kokonaski News  Bill Kokonaski on Facebook
Founder
Ronald Blum
  Ronald Blum LinkedIn Profile  Ronald Blum Twitter Account  Ronald Blum News  Ronald Blum on Facebook
VP - Operations
Robert Hall
  Robert Hall LinkedIn Profile  Robert Hall Twitter Account  Robert Hall News  Robert Hall on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/7/2011: SolarReserve venture capital transaction
Next: 4/7/2011: SocialGuide venture capital transaction

 

Share this article

 


Where The Data Comes From

Our team works diligently to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary