Pelican Imaging lands $20m from VC arms of Qualcomm and Nokia | ZDNet

Funding Rounds

▤ Summary

Array camera startup Pelican Imaging has closed a $20m round of Series C funding with new investments from Nokia Growth Partners (NGP), Qualcomm Ventures and existing investors. NGP, Nokias venture capital fund, said yesterday it was planning to invest in Pelican Imaging , which recently unveiled a new line of computational array cameras for mobile devices that takes multiple images at different depths and allow post-shot refocusing. NGP and Qualcomm offer Pelican Imaging its first strategic industry partners since launching in 2008. "The support from industry leaders like Qualcomm Ventures and NGP really underscores the validity of our technology in the marketplace," Pelican Imaging CEO and President Christopher Pickett said in a statement. NGP managing partner Bo Ilsoe told Bloomberg yesterday that array cameras were "on the cusp of being commercialised and Pelican does software for that."

$ Funding

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Amount $20.0M Total raised
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Date May 16, 2013 Announcement date
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Investors - Lead investors
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Company http://www.pelicanimaging.com Funded company

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