Friday, June 20, 2014

Mantis Vision Raises $12.5M from Strategic Investors

Marketwired: Mantis Vision announces a $12.5M strategic investment round from Qualcomm Ventures, Flextronics' hardware venture arm, Lab IX; Sunny Optical, and Samsung. Mantis Vision believes this strategic investment will accelerate its plans for shifting the 3D paradigm via its core MV4D technology platform.

"3D is as big a paradigm shift for mobile as was the introduction of the camera-phone, the type of change that only comes around once every decade. We now have the opportunity to deliver professional-grade 3D-enabled mobile devices and capabilities to the world," said Amihai Loven, CEO, Mantis Vision. "Our mission is to bring 3D to the masses, allowing users to create their own 3D content with ease. This strategic investment offers us the flexibility to expand quickly and strategically, as well as fuel adoption and engagement directly with consumer audiences worldwide."

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