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Platt Retail Institute


USA: Prysm Raises Additional $100 Million in Funding

28 October 2011 11 h 02 min

PrysmlogoPrysm has announced it has raised over $100M in new capital since the launch of the company, bringing total financing to over $135MM. This financing has enabled Prysm to commence volume production of its Laser Phosphor Display (LPD) technology, and hire a global support team of more than 150 personnel worldwide.

“Surpassing $100MM in financing is a powerful vote of confidence in Prysm’s LPD technology and an indicator the company is well on the path to bringing this groundbreaking technology to markets around the world,” said Amit Jain, founder and CEO of Prysm. “We are now in volume production and investing in training and support for our solutions in major markets around the world.”

Categories : Finances, Funding, Hardware, United States

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