Spatial Photonics, a Sunnyvale, Calif. start-up developing high-definition microdisplays that will compete with existing microdisplay technologies, has raised about $26 million in a second round of funding, according to a regulatory filing.
Here’s a definition of microdisplays and why they are used.
Khosla Ventures and DAG Ventures invested, along with existing backers Intel Capital and Kleiner Perkins Caufield & Byers, according to PE Week.
It is one of the ten or so companies where well-known venture capitalist John Doerr (backer of Google, Amazon, Sun, etc.) sits on the board. The board also includes Vinod Khosla, another accomplished venture capitalist (Juniper, Cerent, Siara).
According to the company, its microdisplay has “an array of ultra-fast, reflective digital light modulators that precisely control and modulate the light intensity. The proprietary technology provides a highly competitive alternative to the Digital Micro mirror Display (DMD), High Temperature Poly-Silicon (HTPS) and Liquid Crystal on Silicon (LCoS) display technologies currently used in the booming microdisplay projection market.”
The company was founded in 2004, and received $8 million from Kleiner and Intel at the end of that year.