March 13, 2012 – BUSINESS WIRE — Intematix, phosphor and phosphor component maker for high-quality light emitting diodes (LEDs), received $16.2 million in funding from current investors Draper Fisher Jurvetson and Crosslink Capital, as well as a new financial investor.
The funds will go into facility expansion, working capital, and development of phosphor products and ChromaLit remote phosphor products for the LED industry. Intematix operates R&D, manufacturing, business, and support operations in the US, Asia, and Europe.
LED lighting has made gains in efficiency, but color quality and thermal management in small form factors remain challenges. Intematix phosphors are used to create white light comparable to conventional sources. ChromaLit remote phosphor systems have shown more efficient cooling, enabling more compact lights.
The company is in a position to "advance solid-state lighting technology across the world, and to benefit from the current intense market focus on quality of light," said Alain Harrus, board member of Intematix and partner at Crosslink Capital.
Intematix Corporation is a materials developer, providing customizable, patented phosphors and remote phosphor components for high quality, energy efficient LEDs. To learn more, visit www.intematix.com.