GGV among venture backers for camera sensor maker InVisage’s $18m funding round


camera3_lrgCamera sensor developer InVisage Technologies has picked up $18m of new funding from investors including GGV Capital as it prepares its new product for launch.

Nokia Growth Partners, RockPort Capital, InterWest Partners, Intel Capital and OnPoint Technologies also took part in the round, which brings InVision’s capital raised since its creation to more than $100m.

The company said it was preparing to launch its new QuantumFilm Camera Sensor, initially targeted at smartphones, which can produce high-quality photos even in ‘extreme’ lighting conditions.

Nokia Growth Partners Bo Ilsoe said, “QuantumFilm is one of the most exciting camera innovations we have seen in the last decade, as conventional CMOS sensors have hit an innovation wall.

“(President and CEO Jess Lee) has built a great team at InVisage and they are now bringing their highly differentiated products to the market.”

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