TAK Imaging Closes $10 Million Funding Round to Launch New Solutions for Consumer Photo Printers.SAN MATEO, Calif. -- Market Entry Planned for Early Third Quarter; Acquires CompuMetric Labs to Accelerate Development of Full Solutions for Photo-Enabled Printers and MFPs TAK Imaging, a leading innovator in dedicated imaging processors and solutions, today said it has received an additional $10 million from its venture partners to support a family of new hardware and software solutions for the rapidly growing photo-enabled printer market. This summer the company plans to launch its first imaging solutions for the inkjet, dye sublimation sublimation, in chemistry sublimation (sŭblĭmā`shən), change of a solid substance directly to a vapor without first passing through the liquid state. and multi-function peripheral (MFP (MultiFunction Printer, MultiFunction Peripheral) See all-in-one and MFD. ) categories of the photo-enabled printer market. The new funding round includes all current investors: JVP JVP Janatha Vimukthi Peramuna (People's Liberation Front, Sri Lanka) JVP Jewish Voice for Peace JVP Jugular Venous Pressure JVP Junge Volkspartei (Young Austrian People's Party) JVP Junior Vice President (Jerusalem Venture Partners), Sofinnova Partners, Doughty Hanson Technology Ventures, Ventech, SPEF SPEF Standard Parasitic Exchange Format SPEF Scottish Print Employers Federation SPEF South Pasadena Educational Foundation (South Pasadena, California) SPEF Single Program Element Funding SPEF Special Program Element Funding Venture, Innovacom and CrossBridge Venture Partners of Japan. TAK Imaging raised $16.25 million in its Series C funding round during January 2004. "In a short time we will enter the market with very compelling solutions to power the next generation of consumer photo printers," said Doug Goodyear, 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. for TAK Imaging. "We will be a catalyst for a step change improvement in the overall photo printing experience." Separately, the company said it has completed the acquisition of CompuMetric Labs, a Fairhope, Alabama based printer technology developer and consulting services company, to bolster its development of ready-to-customize, system-level solutions for printer OEMs. TAK Imaging expects to leverage its R&D expertise in high speed color laser printing and photo imaging to address a range of unmet user needs in today's consumer photo-enabled printers. The company's current products such as the TAKPRO-800 SOC continue to gain market recognition for exceptional price/performance and flexibility. The TAKPRO-800 SOC powers the new Konica Minolta 2430 DL color laser printer A laser printer that prints in color using four toner cartridges (CMYK) of cyan, magenta, yellow and black. The colors are applied one at a time to the drum and are then adhered to the paper. See printer. , which has captured a number of industry awards in 2005, including the CNET (body) CNET - Centre national d'Etudes des Telecommunications. The French national telecommunications research centre at Lannion. Next Big Thing Award at CES in Las Vegas. About TAK Imaging TAK Imaging is a leader in providing the consumer photo printer market with system solutions including imaging technologies, semiconductors and software. Headquartered in San Mateo, Calif., TAK Imaging has offices in France and Japan. (The company name, formerly TAK'ASIC, Inc., was changed to TAK Imaging effective Jan. 1, 2005.) Additional company information can be found at www.takimaging.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion