Nanotechnology-based thin-film materials specialist, Cambrios Technologies has received a US$5 million, Series D-3 financing round from Samsung Venture Investment Corporation as part of a prelude to further business collaborations on coating materials, which could include transparent electrodes for touch screens, liquid crystal displays, e-paper, OLED devices, OLED lighting and thin film photovoltaics.
Cambrios also announced that it had appointed John LeMoncheck as President and CEO, tasked with taking the company to the next level of commercialization of core products.
“Cambrios has a unique opportunity resulting from its breakthroughs in the development of transparent conductor solutions with leading-edge optical and conductive properties,” said John LeMoncheck, Cambrios’ new president and CEO. “The company is poised to transform the touch, display, photovoltaic and lighting markets by enabling new and exciting consumer electronics applications. I look forward to working with the team to quickly make this a reality.”
LeMoncheck was most recently the President and CEO of SiBEAM, a pioneer in 60 GHz-based millimeter wave wireless technology, LeMoncheck developed the company into a leader in multi-gigabit communications for the consumer electronics market and successfully led the acquisition of the company by Silicon Image.