Thursday, November 30, 2017

TetraVue Finds New Funding For LIDAR Cameras

Vista-based TetraVue, a developer of LIDAR cameras being used in the automotive, augmented reality, virtual reality, and other industries, said this morning that it has raised new funding. Size of the funding round was not announced. The funding came from KLA Tencor, Lam Research and Tsing Capital along with Robert Bosch Venture Capital GmbH, Samsung Catalyst Fund and Nautilus Ventures. Tetravue, led by CEO Hal Zarem, says its "4D" cameras captures real-time images with depth perception down to each pixel, which merge digital images with LIDAR data in order to capture the motion of objects.