Myvu Corporation Receives $11,500,000 Series B Funding

  • Feed Type
  • Date
    1/16/2006
  • Company Name
    Myvu Corporation
  • Mailing Address
    31 Dartmouth Street Westwood, MA 02090
  • Company Description
    Myvu Corporation is the leading supplier of eyewear viewers for the portable electronics industry. Medical and military applications served as the company’s fundamental technology drivers, which provided the discipline for quality, adjustment, safety and usability that have culminated in Myvu’s consumer products. Today, this technology is integrated in, or mounted to, sunglasses, eyeglasses and safety eyewear.
  • Website
    http://www.myvu.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $11,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    MicroOptical plans to use its second cash infusion to expand production of myvu, which costs $269 each and is currently available online.
  • M&A Terms
  • Venture Investor
    Atlas Venture
  • Venture Investor
    Intel Capital
  • Venture Investor
    Hillman Company