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Earlybird Venture Capital Gmbh & Co KG Maximilianstraße 14 80539 München, Germany http://www.earlybird.com
Contact Ms Daniela von Wedel +49 40 4329410
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Earlybird Venture Capital Gmbh & Co KG

Light Blue Optics raises US$15 million in Series 'A' Extension

**Extension to accelerate product development roadmap across multiple markets** / **Paul Goodridge, former Financial Director of CSR plc, joins Company as CFO**

(PresseBox) (Cambridge, UK, )
Light Blue Optics (LBO), the industry-leading developer and supplier of laser-based pico projection systems, today announced closing of a US$15 million Series 'A' extension.Robert Bosch Venture Capital GmbH (RBVC) led the extension, with existing investors 3i Group plc, Earlybird Venture Capital, Capital-E and NESTA also participating. The money will enable LBO to accelerate its product development roadmap across multiple markets including automotive, industrial and consumer electronics. The Company's first product - a projection engine suitable for integration into an accessory pico projector - is scheduled for release to OEM customers in Q4 09.

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