Developer of Optical Touch Technology RPO Raises $19.3M

RPO Inc., a San Jose, CA-based developer of optical touch technology, announced it has raised a $19.3m financing in a supplemental issuance of its Series C Preferred Stock.
Jolimont Capital, Allen & Buckeridge, Neo Technology Ventures, BASF Venture Capital and Jafco contributed to the funding.
The proceeds wil be used to develop a wide range of products and to commence high-volume manufacturing of ist optical touch technology Digital Waveguide Touch™ (DWT™) in 2010.

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