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Symagery Microsystems Raises $7.5 M

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OTTAWA, Ontario, May 28 -- Symagery Microsystems Inc., a supplier of intelligent imaging components based on CMOS sensor technology, announced it has raised $7.5 million CDN (US $5.6M) in second-round financing. The round was led by VenGrowth Capital Partners Inc. and the Canadian Science and Technology Growth Fund, and supported by BDC Venture Capital, Capital Alliance Ventures Inc. and Orisar Inc. The company sais it will use the funds to expand its sales and marketing efforts. Symagery's smart cameras are used to decode barcodes, for optical character recognition and in machine-vision...Read full article

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    Published: May 2003
    Glossary
    sensor
    1. A generic term for detector. 2. A complete optical/mechanical/electronic system that contains some form of radiation detector.
    Canadian Science and Technology Growth FundCMOSdefenseimaging componentsindustrialNews & FeaturessensorSensors & DetectorsSymagery MicrosystemsVenGrowth Capital Partners

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