Quanlight, a LED chip company for lighting, raises $1M
San Diego’s Quanlight, a company using LED (light-emitting diode) technology to introduce more efficient lighting to the signal, automotive and architectural industries, has raised a $1 million first round of funding from Blackbird Ventures.
Quanlight, founded this year by two UC San Diego specialists in material systems and semiconductor lighting, says its LED chip offers price and performance advantages over existing LED technology. The size of the yellow-amber-red (YAR) LED market it supports is over $1… Continue Reading
Fred Wilson’s fortunes, sexy commenters & latest on Mojungle, MobiTV and Edgeio
The latest in the world of start-ups and venture capital:
Fred Wilson sells home listed at $37.5 million — Fred Wilson, the venture capitalist at Union Square Ventures in New York, who has one of the most widely read VC blogs, AVC, has sold his 15,000-square-foot townhouse in Manhattan. If it closed near the asking price, the 1847 mansion would be the most expensive single-family residence downtown, reports the Observer. In 1996, the home apparently sold for… Continue Reading