Prysm Hits $100M Mark In Funding For LPD Screens

Law360, New York (October 27, 2011, 2:13 PM EDT) -- New private investments have pushed Prysm Inc., a Silicon Valley startup promising the next big thing in high-definition televisions, over the $100 million fundraising mark, helping to boost production of its laser-powered screens, the company announced Thursday.

The latest investments, from undisclosed sources, will fund mass production of its laser phosphor displays, which compete head-to-head with market-leading liquid crystal display technology, but with lower reported energy usage and more attention-grabbing configurations like curved screens and stackable blocks.

The company said it has raised $135 million since...
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