Intematix, a Fremont, California-based developer of patented phosphors and phosphor components for high-quality LED lighting, has received $16.2m in funding.
Backers include existing investors Draper Fisher Jurvetson and Crosslink Capital, as well as a new unnamed financial investor.
The company intends to use the capital for facility expansion, working capital and development of its phosphor products and ChromaLit™ remote phosphor products.
Led by CEO Mark Swoboda and CFO Maurice Carson, Intematix provides customizable, patented phosphors and remote phosphor components that serve as the foundation for high quality, energy efficient LED light. Intematix maintains R&D, manufacturing, business and support operations in the United States, Asia and Europe.