2015-03-11

RayVio Closes $9.3 Million Series B to Enable Mass Adoption of UV LED Solutions

RayVio today announced that it has emerged from stealth mode and raised US $9.3 million in Series B funding, with new investors including Applied Ventures, Augment Ventures, New Ground Ventures and Tolero Ventures. Existing investors DCM Ventures and Capricorn Investment Group also contributed to the round. The capital will be used to accelerate RayVio's go-to-market strategy, grow its team, and enable mass adoption of UV LED solutions in the industrial, commercial and consumer sectors.
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Daktronics of Brookings, South Dakota, was selected by Bowling Green State University (BGSU) to manufacture and install a new LED video display at Doyt Perry Stadium in Bowling Green, Ohio. The installation will be completed ahead of the fall ... READ MORE

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