Prysm Raises over $100M in Capital
Prysm, a San Jose, CA-developer of a display platform based on the Laser Phosphor Display (LPD) designed to help businesses create brand messages through realistic virtual experiences, has raised over $100m in capital.
The investors remained undisclosed.
The financing, which brings the total capital raised to over $135m, has enabled the company to commence volume production of its technology, and build a global support team of more than 150 personnel worldwide and supported by more than 25 channel partners.
Led by founder and CEO Amit Jain, Prysm has created LPD technology that aims to bring large scale displays, with high image quality, brightness and color, to retail establishments, broadcast studios, sports venues, company boardrooms, among other market segments.
Customers include brands such as American Eagle Outfitters and People’s United Bank in Boston, as well as by broadcast studios CNBC’s Mad Money with Jim Cramer and Dubai Sports TV.
Prysm has sales offices in New York, San Jose, London and Dubai.