Wednesday, May 1, 2013

Qualcomm Backs Photo Technology Firm Pelican Imaging

San Diego-based Qualcomm has backed a developer of advanced photo and camera array technology, Pelican Imaging, with a strategic investment today. Pelican Imaging, which develops camera array technology for mobile phones, said it raised $20M in a Series C funding, led by strategic investor Qualcomm, via Qualcomm Ventures. Other investors in the round included Nokia Growth Partners, Globespan Capital Partners, Granite Ventures, InterWest Partners and In-Q-Tel. Pelican's technology captures multiple depths of information in a photo, allowing users to focus and adjust their images well after they are taken--essentially, eliminating blurry photos and out-of-focus pictures. The company's technology competes against similar technology from Lytro. More information »

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