Eye-Fi Gets New Money from Investors

Eye-Fi Logo

New money is coming in for wireless memory card maker Eye-Fi as it secures Series B funding of $11 million from investors. The round of investments was led by TransLink Capital, with new funding from LMS Capital and participation from existing investors Opus Capital and Shasta Ventures.

Eye-Fi says it will use the investment to fund further development of its portfolio, expand distribution into new markets, and scale its organization and market development activities to support its fast-growing business.

Eye-Fi was founded in the summer of 2005 and launched its first product, the Eye-Fi Card, in October 2007. Since launch, the company has expanded its product portfolio and introduced new services; formed partnerships with Nikon, Lexar and more than 20 online photo destinations; and expanded its online and brick-and-mortar retail distribution to include national channels, such as Circuit City.

[Site: Eye-Fi, Press Release]

Chris Malinao

About Chris Malinao

Chris teaches Lightroom as workflow software to photography students at the FPPF, Federation of Philippine Photographers Foundation. He also teaches smartphone photography.

Mint CARL ZEISS JENA camera WERRA with lens CARL ZEISS JENA TESSAR 50mm F/2.8 picture
Mint CARL ZEISS JENA camera WERRA with lens CARL ZEISS JENA TESSAR 50mm F/2.8
Rolleiflex 3.5 Tessar w/ Removable Head TLR 6x6 120 Film Camera Carl Zeiss Lens picture
Rolleiflex 3.5 Tessar w/ Removable Head TLR 6x6 120 Film Camera Carl Zeiss Lens
Carl Zeiss  Tessar 2,8/50.  M 42  lens for soviet fotocamera IN GREAT CONDITION picture
Carl Zeiss Tessar 2,8/50. M 42 lens for soviet fotocamera IN GREAT CONDITION
Contax I black nickel SN.Z26575 Lens Tessar 3/50 SN. 1553314 picture
Contax I black nickel SN.Z26575 Lens Tessar 3/50 SN. 1553314
Carl Zeiss Jena Tessar 2,8/50 picture
Carl Zeiss Jena Tessar 2,8/50