Pixel Qi Obtains $3,000,000 Series B Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=71c7cf1f-e053-4397-9838-12e7c3611bfd&Preview=1 -
Date
9/12/2011 -
Company Name
Pixel Qi -
Mailing Address
1001 Bayhill Drive San Bruno, CA 94066 -
Company Description
The publishing industry is in major transition – magazines and newspapers have become too expensive to distribute via paper. But words and reading will survive: We are on the cusp of “cloud computing”. 3G wireless services, WiFi and mesh networking are widely deployed. Ebook readers, digital photoframes, and richly-featured touch-screen phones abound. Mini-notebook computers – netbooks – are growing rapidly in adoption. It’s not just about big-iron computing anymore. -
Website
http://www.pixelqi.com -
Transaction Type
Venture Equity -
Transaction Amount
$3,000,000 -
Transaction Round
Series B -
Proceeds Purposes
Pixel Qi said the Series B will go to help develop its product offerings into volume consumer markets. -
M&A Terms
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Venture Investor
3M Corporation
