Intelligence community venture capital firm In-Q-Tel and six other organizations have invested a new $20 million round of funding in Pelican Imaging Corp., which develops array camera technology for mobile devices.
IQT has previously invested in Pelican Imaging, whose computational camera technology intends to help users map depth and perform edits both pre- and post-capture, Pelican Imaging said Tuesday.
New investor Qualcomm Inc. and Nokia Growth Partners join other existing investors Globespan Capital Partners, Granite Ventures and InterWest Partners
“The continued backing from our current investors is a reflection of their confidence in our technology and our ability to execute in order to disrupt the mobile photography space,” said Christopher Pickett, Pelican Imaging president and CEO.
Founded in 2008, Pelican Imaging aims to commercialize its technology consumer camera markets.