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May 1st, 2013
Pelican Imaging secures $20M in funding from Qualcomm, Nokia growth partners, and current investors
Pelican Imaging, the inventor of groundbreaking array camera technology for mobile devices, has announced the closing of $20M in Series C funding.
New strategic investors include Qualcomm Incorporated, acting through its venture investment group, Qualcomm Ventures, and Nokia Growth Partners, and the round includes existing venture investors Globespan Capital Partners, Granite Ventures, InterWest Partners and IQT.
"We're excited to take the company to the next level," said Pelican Imaging CEO and President Christopher Pickett. "The support from industry leaders like Qualcomm Ventures and NGP really underscores the validity of our technology in the marketplace. The continued backing from our current investors is a reflection of their confidence in our technology and our ability to execute in order to disrupt the mobile photography space."
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