The round was led by Next Frontier Capital and Millennium Technology Value Partners.
The company intends to use the funds to miniaturize its FMCW lidar engine and deliver lidar sensors to the automotive and surveillance markets.
Led by Dr. Randy Reibel, CEO, Blackmore develops compact frequency-modulated continuous wave (FMCW) lidar imaging and its supporting analytic tools software for a variety of automotive, military and industrial environments.
The company’s HRS-3D surveillance lidar pairs long-range sensing capabilities with advanced algorithms to provide real-time mapping and situational awareness to its surveillance customers.
FinSMEs
12/12/2016