Tech Company Financing Transactions
Laser Light Engines Funding Round
On 9/21/2010, Laser Light Engines raised $13 million in Series B financing from Braemar Energy Ventures, Harris & Harris Group and private investors.
Transaction Overview
Company Name
Announced On
9/21/2010
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series B
Proceeds Purpose
Laser Light Engines will use the proceeds of this round of financing to commercialize its RGB (Red/Green/Blue) laser technology, dramatically reducing operating costs for movie theater owners for a potential per screen savings of $10,000 a year by eliminating the need to replace expensive Xenon arc lamps (projector bulbs) and reducing electricity use as much as 50%.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
8C Industrial Way
Salem, NH 03079
USA
Salem, NH 03079
USA
Phone
Website
Email Address
Overview
Laser Light Engines is a new company developing an innovative digital light source to upgrade the future cinema experience.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John O'Hara
Chief Financial Officer
Ron West
VP - Engineering
Stephen Norton
VP - Operations
Len Hayes
Browse more venture capital transactions:
Prev: 9/20/2010: Argos Therapeutics venture capital transaction
Next: 9/21/2010: Angie's List venture capital transaction
Share this article
News on VC Transactions
We do our best to report on funding rounds that are announced publicly. VC transactions on this site come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs