IMAX-backed projection systems manufacturer Laser Light Engines has raised $15m in venture funding; $6m of it expected from investors.
Further information regarding the investors was not disclosed.
Chief executive John O’Hara said that the New Hampshire-based firm has raised $27m in venture funding since its founding in 2008. In September 2009, the firm raised $13m in a series B round. Motion picture technology firm IMAX, and technology focussed venture firms Harris & Harris Group and Braemar Energy Ventures all participated.
“This new funding will allow us to accelerate commercialisation of LLE’s breakthrough laser illumination technology, which we introduced at the first-ever public demonstration of high brightness laser 3D cinema on a silver screen at the NAB Technology Summit on Cinema (TSC) in Las Vegas earlier this year,” said O’Hara.
As part of the deal, the firm said that tech investor and former MIT scientist Dick Post would join its board of directors.