Laser light firm raises $13 million

By Barry Whyte — 5 years ago

Laser Light Engines, a Salem, New Hampshire-based manufacturer of laser lights for cinema screens, has secured $13 million in a Series B round of fund-raising. Funds came from two returning venture capital firms, Braemar Energy and Harris & Harris Group, and the rest came from Imax Corp, with whom Laser Lights has a strategic partnership. Laser Lights intends to use the funds to develop a custom version of its laser engine for use in Imax screens.