Laser Light Lands $13M for 3-D Cinema

Salem, NH-based Laser Light Engines, a maker of laser-driven light sources for 3-D and digital projectors, said today it has closed a $13 million Series B financing round from existing investors Braemar Energy Ventures and Harris & Harris Group, and from existing strategic partner IMAX. Laser Light, which is developing a custom light source for IMAX’s digital projection systems, says it will use the new money to expand its product development, engineering, and marketing efforts. The company previously raised a $5 million Series A round in 2008.

Author: Gregory T. Huang

Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003. Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.