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Article: Sarnoff Spin-off, Lightscape Materials Inc., Secures Series a funding from leading Electronic Component Companies.
- Article from:
- Electronics Newsweekly
- Article date:
- April 8, 2009
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Sarnoff Corporation announced the creation of Lightscape Materials Inc., the latest in a series of independent company spin-offs. Lightscape Materials has secured $3 Million in Series A funding from Wisepower Co. LTD and Foosung HDS Co. LTD to develop and market components for a breakthrough, green-friendly Light-Emitting Diode (LED) light bulb and a variety of other phosphor light products for new lighting applications.
Wisepower and Foosung HDS join Itochu Corporation, who is an early stage investor and distributor in Asia for Lightscape Materials.
"The potential for new LED-based lighting products is tremendous and cuts across many traditional ...