Light Labs ("Light") is best known for its camera technology and shooters. The company first introduced the $1,950 L16 camera back in 2015, which then began shipping in 2017. The camera combines multiple lenses and sensors that work in tandem every time a picture is taken, channeling light through ten or more of its apertures at a time. After the L16’s software fuses the multiple perspectives together, the result is a single 52 megapixel photo with high detail and clarity. In July 2018, the company raised over $120M in funding from the SoftBank Vision Fund, after which Light attracted much attention for other potential applications of its technology, particularly the possibility of replacing lidar technology in self-driving cars.
While Light's only current stand-alone product is the L16 camera (which the company says is sold out as of July 2019), it sells its imaging capabilities to other industries. At the moment, Light's solution offering includes applications of its technology in smartphones, stand-alone cameras, security cameras, automobiles, drones and robotics and manufacturing. Potential clients are able to submit project requirements to Light via their website.
Light was founded in 2013 by Rajiv Laroia and Dave Grannan and is based in Palo Alto, CA.
*Based on Preferred Stock Price, Light does not have a stock symbol since it is currently private and is yet to have an IPO.
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