Nanosys Raises $15M

Palo Alto-based Nanosys, a developer of advanced materials used in liquid crystal displays, said today that it has raised $15M in a sixth round of fudning. Source of the funding was not disclosed. The firm said the round will go towards expanding its quantum dot manufacturing capabilities; the firm's materials are used in liquid crystal displays (LCDs), which the company said "vastly improves" color performance and efficiency in those LCDs. Nanosys is headed by Jason Hartlove. More information »