MENLO PARK, CA--(Marketwire - Jun 4, 2012) - InVisage Inc., a Silicon Valley-based startup revolutionizing the image sensor market, today announced it has been named a Red Herring Top 100 North America award winner. The award is given in recognition of the leading private companies from the Americas, celebrating the startups' innovations and technologies across their respective industries. In previous years, Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
InVisage captured the judges' attention with its QuantumFilm™ image sensor, which enables stunningly high-quality pictures to be taken with devices that fit in your pocket, such as cameraphones. Each QuantumFilm image sensor is coated with a unique, quantum-dot substance to sensitize it to light, enabling the world's most sensitive camera. The judges were also impressed by the game-changing capabilities of QuantumFilm image sensors, which include a dynamic range that is three times greater than conventional image sensors, and QuantumShutter, which allows users to capture images instantly and without distortion.
"We set out to create a technology that would help people capture their important moments with a device they carry around all the time, which meant abandoning the constraints of legacy design," says Jess Lee, CEO, InVisage. "The result is QuantumFilm, a huge leap forward in the digital imaging world. We're very proud to be honored by Red Herring."
"Choosing the companies with the strongest potential is never a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down to the Top 100 Winners. We believe InVisage embodies the vision, drive and innovation that define a winning entrepreneurial venture. InVisage should be proud of its accomplishment."
Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the "buzz" and make the list a valuable instrument of discovery and advocacy for the most promising new business models in the Americas.
About InVisage Technologies, Inc.
InVisage Technologies, Inc. is a venture-backed fabless semiconductor company based in Menlo Park, Calif. that is developing QuantumFilm, a breakthrough imaging-sensing technology that will replace silicon. Its first product enables high-fidelity, high resolution images from handheld devices like camera phones and digital cameras. Founded in 2006, InVisage Technologies is venture funded by Intel Capital, RockPort Capital, InterWest Partners, OnPoint Technologies and Charles River Ventures. More information is available at www.invisage.com.