Thursday, July 29, 2010

Pelican Imaging Gets In-Q-Tel Investment

Mountain View-based Pelican Imaging, a developer of high resolution, camera technology for the mobile market, said today that it has received a strategic investment from In-Q-Tel, the investment arm of the CIA. Financial terms of the investment were not disclosed. According to Pelican Imaging, the deal includes both the strategic investment and a technology development agreement. Pelican Imaging is developing semiconductors and related software, which provides better low-light sensitivity, dynamic range, white balance, anti-shake, near focus, and lower power photography at high resolution. More information »