Monday, September 15, 2014

Kateeva Sees $38M For OLED Displays

Menlo Park-based Kateeva, a developer of technology used to mass produce OLED display panels, said today that it has raised $38M in a funding round. The funding came from Samsung Venture Investment Corporation (SVIC), along with Sigma Partners, Spark Capital, Madrone Capital Partners, DBL Investors, New Science Ventures, and VEECO Instruments, Inc. The company said the round brings it to more than $110M raised. Kateeva is led by Alain Harrus. The firm's technology is based on inkjet printing for deposition of materials for flexible, large-size OLED panels.