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Iridigm Display  Acquired by Qualcomm (2004 $ 170,000,000)

2415 Third Street #235
San Francisco, CA 94107
USA
(650)-626-8800
Website Company Summary Management Team
Management

President/COO/Operations: John Batey (2003)
Finance: Biren Shah
Technology: Mark Miles
Sales/Marketing: Mazy Sehrgosha
Former Employees: Jean Gastinel Neil Bergstrom
Board

Outside board: (May no longer be on the board) Vivek Mehra (August Capital Partner)
Company

Business description: Iridigm produces revolutionary reflective displays for mobile applications. Based on years of research conducted at MIT, Iridigm’s Interference Modulator (iMoD) technology provides a new class of capabilities that other flat panel display technologies have yet to achieve. Iridigm will focus on building display components for mobile devices, such as PDAs, digital cameras, GPS, advanced pagers, cell phones and other wireless Internet devices. All of these portable applications share the need for low power, paper-like flat panel displays that can convey rich, full-color information in any lighting condition. Iridigm's products are iMoD Matrix display components that are fully compatible with existing LCD module integration techniques. This enables end product makers to procure iMoD displays directly from existing LCD module vendors, thus lowering the risk and effort to adopt this new technology. This also allows companies who manufacture display modules to offer a higher quality, lower cost technology to their standing customer base.
Capital

Rounds: 2
Recent Fundings: Jul 2004
Capital raised: 25.6M
Last Round: 25.6M
Ownership: Acquired by Qualcomm (2004 $ 170,000,000)
VCs include: DynaFund VenturesGabriel Venture PartnersTechnology AssociatesIDEO Ventures;  Paralink Capital Management;  Global Strategic Investment Fund;  Prudence Capital;  VentureTech Alliance
Corporate investors: Intel CapitalQualcommSteamboat Ventures;  Picvue Electronics;  VentureTech Alliance

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Overview
Record updated: Mar 2005
Sector: Communications
Year Founded: 1996
Rounds: 2
Recent Fundings: Jul 2004
Capital Raised: 25.6M
Last Round: 25.6M
Ownership: Acquired by Qualcomm (2004 $ 170,000,000)