Mobile Device Display Developer Pixtronix Raises $20 Million

Authored by Mark Hefflinger on June 11, 2007 - 9:15am.

Andover, Mass. - Pixtronix, a developer of display technology for mobile multimedia devices, has raised $20 million in its second round of venture financing, led by DAG Ventures, PEHub.com reported.

New investor Gold Hill Capital, and previous investors Atlas Venture and Kleiner Perkins Caufield & Byers also participated.

Andover, Mass.-based Pixtronix says its Digital Micro Shutter (DMS) display technology delivers improved image quality and lower power consumption for devices such as multimedia mobile phones, portable media players, portable GPS systems and digital cameras.

http://www.pixtronix.com