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Venture Capital News: Light Secures $30M Series C Round

2016-07-07
PALO ALTO, CA, Light, maker of a high-tech, multi-aperture computational camera called the L16, announced it has raised $30 million in Series C funding led by Google Ventures (GV).
The company has now raised about $65 million in funding since it was launched in 2013, according to data from Thomson Reuters. GV, formerly called Google Ventures, was joined by returning investors Bessemer Venture Partners, CRV, Eclipse Ventures, StepStone Group, strategic investor Foxconn and Paul Jacobs, executive chairman of Qualcomm.

Light also announced it is offering wider zoom for its pre-sale orders, and in has increased storage to 256GB of internal memory, up from 128GB. However, the company says the camera is sold out until 2017.
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