Calif. – LensVector, a developer of
autofocus technology for camera phone lenses, announced on Thursday that it has
raised $30 million in a third round of financing, led by Institutional Venture
Previous investors Menlo Ventures, Samsung, Silicon Valley Bank,
Mitsui and Kodak also participated.
Founded in 2006, Mountain
View, Calif.-based LensVector says it has developed optical
technology "that can shape, steer and focus light without mechanical
The company will use the funding to expand its operations.