SWIR Vision Systems Inc. announced today that it has closed a $5 million Series A financing round. It included investors from Keiretsu Forum, RTI International, Blue Sky Capital (the strategic investment partner of Samtec Inc.), AAC Technologies Ltd., Carolina Angel Network, WaterStar Capital, and Oval Park Capital.
"We are appreciative of this strong vote of investor confidence in our team and our technology," said George Wildeman CEO, SWIR Vision Systems. "The reception we've encountered in the industry has been extraordinary. We look forward to expanding our business in the industrial imaging market, while working with the world’s top automotive and consumer electronics companies to explore applications of our fully scalable CMOS-based SWIR sensor solutions”.
SWIR Vision System plans to use its Series A funding to advance the company’s CQD sensor solutions, grow its business in the global industrial and defense markets, and engage strategic customers in the consumer electronics, automotive and advanced sensor markets.
Share your vision-related news by contacting Chris Mc Loone, Editor in Chief, Vision Systems Design
