QD Vision Raises $9 Million in Venture Capital Financing.Series C Round Will Support First Commercial Products
Based on QD Vision's Quantum Light[TM] Nanotech Product Platform
WATERTOWN, Mass. -- QD Vision today announced it raised $9 million in venture-capital financing from two leading venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed
5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M  , Highland Capital Partners Highland Capital Partners is a global venture capital firm with offices located in Boston, Silicon Valley, Geneva, and Shanghai. Since its inception in 1988, the firm has invested in more than 180 early and growth stage companies and taken a sector-focused approach to investing in and North Bridge Venture Partners, and from In-Q-Tel, the strategic investment firm launched by the CIA CIA: see Central Intelligence Agency.
(1) (Confidentiality Integrity Authentication) The three important concerns with regards to information security. Encryption is used to provide confidentiality (privacy, secrecy). in 1999. The funding will help it launch the first QD Vision Quantum Light[TM] products into commercial markets, augmenting several million dollars in bookings from government and commercial development contracts the company has already won.
"QD Vision has built upon research breakthroughs enabling quantum-dot materials to serve as a platform for the next generation of lighting and display solutions," said Dr. Daniel Button, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of QD Vision. "The QD Vision Quantum Light[TM] product platform is being designed into new products by strategic partners who are leaders in consumer electronics, flat-panel displays, electronic signage and solid state lighting, and we are building out our infrastructure to accommodate their needs as they get ready for commercial production."
QD Vision's advances in nanotechnology leverage the light-emitting qualities of a new class of nanomaterials called quantum dots. Its proprietary process technology can engineer quantum dots to achieve a complete spectrum of colors from the visible to the infrared when stimulated with photons or electrons. Leveraging a breakthrough patent portfolio from QD Vision and from MIT MIT - Massachusetts Institute of Technology , the company is enabling a new generation of lighting solutions that will set new standards for brightness, color purity, power consumption and design flexibility.
"QD Vision's work with light-emitting quantum-dot nanocrystals is laying the foundation for future displays with extraordinary color, power efficiency and process-scalability," said Barry Young Barry Young is a radio personality and President and CEO of WestStar TalkRadio Network, based in Phoenix, Arizona, a company he co-founded with national talk radio host, and wife, Kim Komando. , a leading authority on new display technologies and Senior Advisor In some countries, a Senior Advisor is an appointed position by the Head of State to advise on the highest levels of national and government policy. Sometimes a junior position to this is called a National Policy Advisor. at DisplaySearch, an NPD Group The NPD Group, Inc. is a leading global market research company founded in 1967 and provides consumer and retail information to manufacturers and retailers. Using actual sales data from retailers and distributors as well as consumer-reported purchasing behavior, NPD Company. "With its new funding and an exceptional team, QD Vision is well positioned to seize this opportunity."
Highland Capital and North Bridge Venture Partners participated in earlier rounds of the company's financing, and In-Q-Tel is a new investor. In addition to its capital investment, In-Q-Tel also funded a multi-million-dollar contract with QD Vision to develop leading edge applications for customers in the federal and commercial markets.
About QD Vision, Inc.
QD Vision (http://www.qdvision.com) is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision's Quantum Light[TM] product platform enables step-change advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light-emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including consumer electronics and flat panel displays, electronic signage, clean tech such as solid state lighting, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company privately held company
A firm whose shares are held within a relatively small circle of owners and are not traded publicly. based in the Watertown, Mass.
About Highland Capital Partners
Highland Capital Partners was founded with the mission of helping great people build great companies. Since its inception in 1988, the firm has taken a sector-focused approach to investing in exceptional information technology, communications and healthcare companies. With more than $2.6 billion of committed capital, Highland has invested in and worked to create such firms as Altiga Networks, Ask Jeeves Noun 1. Ask Jeeves - a widely used search engine accepting plain English questions or phrases or terms
trademark - a formally registered symbol identifying the manufacturer or distributor of a product , Avid Technology "Avid" redirects here. For the "Advancement Via Individual Determination" educational program, see AVID.
Avid Technology, Inc NASDAQ: AVID is an American company specializing in video and audio production technology; specifically, digital non-linear media editing (NLE) , Be Free, CheckFree, Conor Medsystems, Continental Cable, EXACT Sciences, Lycos, MapQuest, New Oak Communications, Ocular Networks, Odyssey Healthcare, Sybase, Telica, VistaPrint and WebLine Communications. For more information, visit Highland's web site at www.hcp.com.
North Bridge Venture Partners
North Bridge Venture Partners is an active, early-stage venture capital fund based in the Boston, Massachusetts “Boston” redirects here. For other uses, see Boston (disambiguation).
Boston is the capital and most populous city of Massachusetts. The largest city in New England, Boston is considered the unofficial economic and cultural center of the entire New area. For North Bridge, success is a partnership with management that produces leading public companies in large emerging markets. Working closely with entrepreneurs, North Bridge adds value by providing strategic guidance, specific industry knowledge, team-building skills, and an in-depth understanding of both private and public financings.
In-Q-Tel is the strategic, not-for-profit investment firm that works to identify, adapt, and deliver innovative technology solutions to support the mission of the U.S. Intelligence Community. Launched by the CIA in 1999 as a private, independent organization, In-Q-Tel's mission is to identify and partner with companies developing cutting-edge technologies that serve the national security interests of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Working from an evolving strategic blueprint defining the Intelligence Community's critical technology needs, In-Q-Tel engages with entrepreneurs, growth companies, researchers, and investors to deliver technologies that provide superior capabilities for the CIA and the larger Intelligence Community. In-Q-Tel concentrates on several broad commercial technology areas, including application software and analytics; communications and infrastructure; digital identity and security; embedded systems Embedded systems
Computer systems that cannot be programmed by the user because they are preprogrammed for a specific task and are buried within the equipment they serve. and power; and bio, chemical, and nanotechnology. To date, In-Q-Tel has engaged with more than 100 companies and delivered more than 140 technology solutions to the Intelligence Community. To learn more about In-Q-Tel, visit www.iqt.org.