Eye-Fi Secures $11 Million in Series B Funding (PR Newswire)

Wednesday August 6, 8:00 am ET TransLink Capital and LMS Capital to Bring Strong International Connections, Support Worldwide Growth of Eye-Fi Products and Services MOUNTAIN VIEW, Calif., Aug. 6 /PRNewswire/ -- Eye-Fi Inc. , makers of the world's first wireless memory card for digital cameras, today announced it has secured $11 million in Series B funding. The round was led by TransLink Capital, with new funding from LMS Capital and participation from existing investors Opus Capital and Shasta Ventures. TransLink Capital's co-founder and managing director, Toshi Otani, will join the Eye-Fi board. Eye-Fi 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. "This investment... [read full story]