San Jose, Calif. – Prysm, a San Jose-based developer of digital display technology, said on Thursday it has landed $100 million in new funding to begin volume production of its Laser Phosphor Display (LPD) technology, which allows for life-size digital experiences from any viewing angle.
Identities of the investors were not disclosed.
The company, which now has attracted more than $135 million since its inception, said its displays are already in use by brands such as American Eagle Outfitters and People’s United Bank in Boston, as well as CNBC’s Mad Money with Jim Cramer (pictured) and Dubai Sports TV.
“We are now in volume production and investing in training and support for our solutions in major markets around the world,” said founder and CEO Amit Jain.
This article was also published in Bay Area Tech Wire.
Press release – http://tinyurl.com/3exbe2j