Friday, November 24, 2006

alarm:clock: Intematix Funded For Haitz's Law

"Haitz's Law is the LED equivalent of Moore's Law, which has accurately predicted a doubling of LED brightness every 18 to 24 months.
Intematix is one of the start-ups pushing Haitz's Law and it has raised $16.5M in its series C. Crosslink Capital and Samsung Ventures led the investment in the Fremont company. Presidio STX, a unit of Sumitomo, also gave money as a new investor. Draper Fisher Jurvetson, East Gate Capital and Pacifica Fund - investors from earlier rounds were in as well."

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