Bright View Technologies Closes $7.5 Million Funding; Optical Films for Displays Provider Accelerates Product Introductions.MORRISVILLE, N.C. -- Bright View Technologies, the leading developer of innovative microstructure mi·cro·struc·ture n. The structure of an organism or object as revealed through microscopic examination. microstructure Noun a structure on a microscopic scale, such as that of a metal or a cell based optical films for the worldwide display market, today announced that it has closed an additional $7.5 million in venture funding to accelerate the company's product introductions and product development expansion. The funding round was led by Boston-based Battery Ventures, a venture capital firm focused on investing in technology companies at all stages of growth. Existing Bright View investors including angel investor An individual who invests his or her own money in a private company, which is typically a startup. An angel investor is not an employee or member of a bank, venture capital firm or other financial institution that normally makes such investments. groups TIG n. 1. A game among children. See Tag. 2. A capacious, flat-bottomed drinking cup, generally with four handles, formerly used for passing around the table at convivial entertainment. , PAN, CAP and CHAP also participated in this round. "This funding will be used principally to expand our development of new optical film products targeted at the LCD, Plasma, and OLED (Organic Light Emitting Device, Organic Light Emitting Diode) A thin film light-emitting technology that is expected to compete with LCD and plasma TVs as well as LCD monitors and readouts. display markets," explained David Reed David Reed or Dave Reed may refer to:
"The display industry is experiencing very strong demand for optical films to enhance the performance of every display technology. Bright View's proprietary technology enables the development and production of new types of optical film products with much improved performance," said Morgan Jones Morgan Jones may refer to:
About Bright View Technologies, Inc. Bright View Technologies is a leading developer of innovative, microstructure based, optical films for the global display industry. While each type of display technology is distinct, all utilize optical films to enhance performance. Bright View is transforming this market by leveraging a unique and proprietary platform technology to create highly engineered, large area, microstructured masters and tooling enabling the mass production of unique plastic optical films with superior light management characteristics. Bright View is introducing products for displays based on virtually all display technologies including LCD, Plasma, OLED, rear projection and front projection. The directly addressable Reachable. When something is addressable, it can be identified and manipulated independently of its surroundings. For example, screen pixels and RAM memory are addressable. Each of the screen's picture elements can be individually turned on and off, and each of the memory's bytes can be markets for products currently in development by Bright View exceeded $3 billion annually in 2005. Bright View Technologies was formed in 2003 and is headquartered in the Research Triangle area of North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. . Please visit us at www.brightviewtechnologies.com. About Battery Ventures Founded in 1983, Battery Ventures is a leading venture capital firm focused on investing in technology companies at all stages of growth from seed to later stage and tech buyouts. Battery leverages its people, expertise and capital to actively guide companies to category dominance. The firm has invested in over 180 companies worldwide across information technology industries. From its offices in Wellesley, MA and San Mateo San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , CA the partnership manages over $2 billion in committed capital, including its new fund of $450 million. For more information, visit http://www.battery.com. |
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