Pelican Imaging Receives Investment From Panasonic
MOUNTAIN VIEW, Calif., August 26, 2013-- Pelican Imaging, the inventor of groundbreaking array camera technology for mobile devices, has extended its recent Series C round with funding from new investor Panasonic Corporation. Pelican announced in May 2013 the first closing of its Series C funding with investors Qualcomm Ventures, Nokia Growth Partners, Globespan Capital Partners, Granite Ventures, InterWest Partners and IQT.
"Pelican's array camera technology is extremely innovative; they're pioneering the next generation of video and image capture," said Patrick Suel, Venture Partner at Panasonic. "We think there are broad applications for depth-enabled imaging in many industries."
Pelican Imaging CEO and President Chris Pickett noted, "We're extremely pleased to add Panasonic to our investor group, which includes other industry leaders like Qualcomm and Nokia. Our relationship with Panasonic will provide further market leverage to bring Pelican's solutions to multiple market segments."
Going beyond simple megapixel count, the Pelican array camera provides complete depth information of the captured scene, allowing users to refocus after the fact, create 3D models, and perform an unprecedented range of edits. At under 3mm thickness, Pelican's array camera is about 50% of the thickness of the best-in-class camera modules shipping in mobile phones today.
About Pelican Imaging
Headquartered in Mountain View, California, and founded in 2008, Pelican Imaging has developed computational camera technology to provide depth mapping at every pixel, enabling "the perfect picture" every time and allowing users to perform an unprecedented range of selective focus and edits, both pre- and post-capture. Pelican's array camera is about 50% thinner than existing mobile cameras. Investors include Qualcomm, Nokia Growth Partners, Globespan Capital Partners, Granite Ventures, InterWest Partners and IQT. For more information, visit www.pelicanimaging.com.
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