InVisage announces that it has set a new record for capital raised by any imaging company. The company adds China Oceanwide USA Holdings, the US subsidiary of China-based China Oceanwide Holdings Group to its roster of investors. With Oceanwide’s investment, InVisage’s total funding for its latest round has grown to $32.5M. The previous investment round announced in April 2014 has already brought the company's total investment "to more than $100 million." Then, in Oct. 2014, Invisage got a venture loan.
“We’re delighted to continue to attract market-driving investors,” says Jess Lee, CEO at InVisage. “These partners bring solid validation on an increasingly global scale. We are pleased to welcome Oceanwide as part of our broad initiative to address the China market.”
In addition to Oceanwide, InVisage’s latest funding round also includes investments from GGV Capital, Nokia Growth Partners, InterWest Partners, Intel Capital, and RockPort Capital. Ivisage QuantumFilm products are said to be released next year.
In an unrelated news, Invisage publishes a poll of 500 mobile camera users on what bothers them in their cameras. Here are the partial results: