Quanlight Gets $1M

San Diego-based Quanlight announced today that it has received $1M in a venture investment from Blackbird Ventures, a private venture funding group in San Diego. The firm, which is developing light-emitting diode technology, said that Neil Senturia, principal of Blackbird Ventures, joins the firm as CEO in conjunction with the funding. Quanlight also said that it anticipates closing additional funding in the form of a Series B round in spring of 2007. Quanlight is a UC San Diego spinoff developing yellow-amber-red LED technology. More information »