Pelican Imaging develops a computational camera technology for mobile devices that provides depth mapping and advanced image editing. Its technology enables users to focus on any subject and change focus after capture, including on multiple subjects. The platform also supports linear measurements, scaling and segmentation of images, background replacement, and application of filters. The company is led by CEO and President Christopher Pickett. Pelican closed a $20M Series C financing, indicating continued investor support for its product development and commercialization. The round included strategic and venture backers, underscoring interest from both industry and financial investors. Pelican Imaging develops computational camera hardware and software aimed at improving smartphone imaging while keeping modules compact. Its suite includes patent-pending algorithms and specialized sensors designed to balance compact design with high-resolution image capture. The technology targets issues such as low-light sensitivity, dynamic range, white balance, anti-shake, near focus, and low-power photography. Pelican says its approach addresses key pain points of conventional camera phones, including module height, poor image quality, and limited user experience. The company targets a smartphone camera market it estimates exceeds $4 billion. Financially, Pelican has raised more than $17 million over the past two years, including a $7 million Series A in August 2009 and a strategic IQT investment in July 2010. Pelican Imaging is a Mountain View, CA-based developer of computational cameras for the mobile market. The company pairs a novel camera architecture with patent-pending software algorithms to address poor image quality and a stagnating feature set in smartphones. Its technology targets improvements in low-light sensitivity, dynamic range, white balance, anti-shake, near focus and low-power photography while enabling high-resolution, ultra-thin cameras. Pelican has entered a technology development agreement with In-Q-Tel alongside receiving a strategic investment from the firm. Management says the partnership will help Pelican continue commercializing miniature cameras and enable strategic imaging applications. The article does not disclose revenue, user metrics, or financing amounts. Pelican Imaging develops computational cameras. The company raised $7 million in a first round of funding, according to PE Hub. Recent backers include Granite Ventures and InterWest Partners. Pelican is based in Soquel, Calif. The article does not include revenue, user metrics, or details on use of proceeds. No future plans or product road map were reported in the article.

Total raised

$37M

Funding rounds

4

Latest round

Series C

Latest activity

May 2013