Pixim gets new funding from In-Q-Tel
June 13, 2007
From: Silicon Valley / San Jose Business Journal
Pixim Inc. on Wednesday announced an undisclosed amount of investment by In-Q-Tel Inc..
Mountain View-based Pixim, which focuses on wide dynamic range image
capture in the security camera market, said Arlington, Va.-based
In-Q-Tel's funding will be used to accelerate new product development
and for general working capital.
Also participating in the round were Palo Alto-based Tallwood
Venture Capital, Menlo Park-based Mayfield Fund, and Ridgewood Capital,
which has an office in Palo Alto.
In-Q-Tel is the strategic investment firm that works to support the
mission of the U.S. intelligence community. Launched by the CIA in 1999
as a private, independent, not-for-profit organization, its mission is
to identify and partner with companies developing cutting-edge
technologies that serve the national security interests of the United
States.
