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Aman Jabbi co-founded Pelican Imaging raises $10 Million
By siliconindia
Mountain View: Pelican Imaging, a developer of computational imaging technology used in cell phone cameras and other applications, has raised $10 million in Series B financing round led by Globespan Capital Partners, with participation from the previous inverstors Granite Ventures, InterWest Partners and IQT.
To date, the Mountain View, California based company has raised $17 million. The funding will be used to support the growth of its camera technology and software for smartphones.
Founded in 2008, Pelican Imaging develops "computational cameras" for the smartphone market. Pelican's technology uses software, optics and sensors to change camera architecture and address the tradeoffs between thin smartphone design, image and video quality. Its suite of solutions, which includes patent-pending algorithms and specialized sensors addresses issues like "low-light sensitivity, dynamic range, white balance, anti-shake, near focus, and low-power photography," claims the company.