Xtalic is a Marlborough, Mass. company that makes nano-scale material coatings based off the work of an MIT professor. The company has raised $10 million in a second round of venture funding.
Despite their high-tech origins, Xtalic’s coatings can be applied by customers through a simple electroplating process. The nanocoatings resemble chrome, and can be used for either decorative or protective purposes.
The funding was provided by Matrix Partners and North Bridge Venture Partners. A third investor, the Wolfensohn Consortium, also participated in the company’s first venture round in mid-2007.
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