Light has raised a $25M Series B round of funding. All of Light existing investors participated in this round, in addition to new investors Formation 8, which led the round, and StepStone. This brings Light’s total funding to around $35M.
The Light camera prototypes are now up and running. The company has doubled the size of its team in the last three months and plans to double it again before the end of the year.
Forbes publishes an article on the Light's financing round:
"The way Light’s camera technology works is by placing multiple cameras on the back of a phone — around 6 or 11 cameras. Light stitches together all those images with its software to come out with high-resolution photos. Depending on how many cameras the phone maker chooses, it can achieve between 32 megapixels and 52 megapixels.
Light’s cameras can also zoom using what’s called folded optics, which is a method of bending light to make the camera’s size requirements more compact. Light can zoom between 70 millimeter and 150mm.
The Light module is paired with a Snapdragon application processor from Qualcomm."
"The build of material costs will be at least $60 for phone makers to add Light’s technology, but [Light CEO] Grannan points out that that’s nothing compared to having to shell out $2,000 for a nice DSLR camera."
"Light expects the first phones to come out with its camera will be in 2016."
The Light camera prototypes are now up and running. The company has doubled the size of its team in the last three months and plans to double it again before the end of the year.
Forbes publishes an article on the Light's financing round:
"The way Light’s camera technology works is by placing multiple cameras on the back of a phone — around 6 or 11 cameras. Light stitches together all those images with its software to come out with high-resolution photos. Depending on how many cameras the phone maker chooses, it can achieve between 32 megapixels and 52 megapixels.
Light’s cameras can also zoom using what’s called folded optics, which is a method of bending light to make the camera’s size requirements more compact. Light can zoom between 70 millimeter and 150mm.
The Light module is paired with a Snapdragon application processor from Qualcomm."
"The build of material costs will be at least $60 for phone makers to add Light’s technology, but [Light CEO] Grannan points out that that’s nothing compared to having to shell out $2,000 for a nice DSLR camera."
"Light expects the first phones to come out with its camera will be in 2016."
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| Light camera-phone |
