Legend3D Secures $19,000,000 Series E Financing Round

  • Feed Type
  • Date
    12/13/2011
  • Company Name
    Legend3D
  • Mailing Address
    3721 Valley Centre Drive 5th Floor San Diego, CA 92130
  • Company Description
    Legend3D, Inc., is a leading digital media technology company that specializes in using its proprietary image processing technology and artistry to create greater value from entertainment assets for its clients. Legend3D’s technology enables the conversion of motion pictures, television shows, advertisements and other visual entertainment assets produced in 2D into 3D with a result that rivals, and in some cases exceeds, the quality of native 3D content.
  • Website
    http://www.legend3d.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $19,000,000
  • Transaction Round
    Series E
  • Proceeds Purposes
    Secured proceeds will fund ongoing R&D efforts to enhance Legend3D’s proprietary 3D conversion pipeline, helping the company meet the swelling demand for 3D content while continuing to deliver the highest quality material at the most competitive pricing. Additionally, the financing enables Legend3D to forge partnerships with content owners on 3D film and television projects, funding the 3D conversion in exchange for long-term revenue sharing participation in the 3D content.
  • M&A Terms
  • Venture Investor
    Northwater Capital
  • Venture Investor
    Augustus Ventures Limited
  • Venture Investor
    Par Capital Management

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