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Holochip Backers Invest $2.7M

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ALBUQUERQUE, N.M., Dec. 18, 2007 -- Holochip Corp., a maker of adaptive polymer lenses (APLs) with tunable focal lengths, announced that its funding round raised $2.7 million, led by venture capital firm ITU Ventures of Los Angeles. Holochip said the funds raised by the series A round will allow it to expand its product and market development activities, primarily in the US and Japan. Holochip was founded in 2004 with initial funding from ITU Ventures and the investment group New Mexico Angels, among others. Its APLs allow focal length to be adjusted without changing the location of the lens, which allows zoom lens...Read full article

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    Published: December 2007
    Glossary
    focal length
    The focal length of a lens is the distance between the lens's optical center (or principal point) and the image sensor or film when the lens is focused at infinity. In simple terms, it is the distance from the lens to the point where parallel rays of light converge or appear to diverge after passing through the lens. For converging lenses (convex lenses), which are thicker in the center, the focal length is considered positive. For diverging lenses (concave lenses), which are thinner in the...
    nano
    An SI prefix meaning one billionth (10-9). Nano can also be used to indicate the study of atoms, molecules and other structures and particles on the nanometer scale. Nano-optics (also referred to as nanophotonics), for example, is the study of how light and light-matter interactions behave on the nanometer scale. See nanophotonics.
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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