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Fusion Optix 1st Round Nets $1.1 M

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CAMBRIDGE, Mass., Feb. 15 -- Fusion Optix Inc. announced it has closed on a Series A funding round totaling $1.1 million by a group of independent private equity investors from Boston and Philadelphia. The one-year-old private company has developed an optical technology that improves the visual performance of flat panel displays, such as those used in LCDs, and emerging microdisplay-based rear-projection TVs while making them less expensive to manufacture and operate. The investment follows a seed funding round completed in April 2004 by the company’s founders and Thomas Eagar, a professor of...Read full article

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    Published: February 2005
    Consumerenergyflat-panel displaysFusion OptixindustrialLCDsMassachusetts Institute of TechnologyNews & Featuresrear projection televisions

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