2015-03-11

RayVio Closes $9.3 Million Series B to Enable Mass Adoption of UV LED Solutions

RayVio today announced that it has emerged from stealth mode and raised US $9.3 million in Series B funding, with new investors including Applied Ventures, Augment Ventures, New Ground Ventures and Tolero Ventures. Existing investors DCM Ventures and Capricorn Investment Group also contributed to the round. The capital will be used to accelerate RayVio's go-to-market strategy, grow its team, and enable mass adoption of UV LED solutions in the industrial, commercial and consumer sectors.
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Macroblock has successfully obtained ISO 26262 functional safety development process certification. This internationally authoritative certification underscores Macroblock’s commitment to adhering to the highest functional safety standards ... READ MORE