Fusion Optix raises $3.5M in funding
Fusion Optix, Inc. (www.fusionoptix.com) announced
today closure on a $3.5 Million Series D funding round. The round was over-subscribed
and limited only to existing investors in the company. The investment also
marks the conversion of some debt to equity in the company. The proceeds from
the funding round will be used to ramp-up in-house production capacity and
expand the Company’s research and development and patent activities.
Fusion
Optix is focused on technologies that reduce energy consumption and improve
light control in markets such as lighting, displays, signage and solar energy. Our patented CORE™ platform of innovations covers materials, components and new
product designs. Our customers include some of the world’s most recognizable
brands and we are inside products used every day in business, industry and the
home, as well as in demanding scientific, medical, military and aerospace
applications.