Sunnyvale-based Canesta Raises $16M

Canesta, Inc., a provider of mass-market 3-D image sensors, has raised $16m in additional capitalization from existing investors Carlyle Growth Partners, Hotung Venture Group and Venrock and new strategic investors Taiwan Stock Exchance-quoted Quanta Computer Inc. and Nasdaq-listed SMSC.
Canesta plans to use the funds for business expansion and working capital in order to meet the needs of its rapidly growing consumer product and personal computer customer-base.
The company, which is based in Sunnyvale, CA, has invented a family of tiny CMOS 3-D chips that can provide a real-time, 3-D map of the surrounding area to PCs, consumer electronics devices such as televisions, videogames, or smartphones. 



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