Palo Alto, CA – Feb. 28, 2011 –  InVisage Technologies, Inc., a Silicon Valley-based start-up that is revolutionizing the image sensor market, has announced that it has completed its Series C Funding round, led by Intel Capital. InVisage will use the funding to support the company’s QuantumFilm™ technology and products, bringing them to mass production scale. Intel Capital joins InVisage’s existing investors RockPort Capital, InterWest Partners, OnPoint Technologies and Charles River Ventures.

After years of research at both InVisage and the University of Toronto, InVisage developed QuantumFilm, a technology based on quantum dots (semiconductors with unique light-capture properties). The technology works by capturing an imprint of a light image, and then using the silicon beneath it to turn the image into digital signals. Producing highly-sensitive image sensors that can integrate with standard CMOS manufacturing processes took InVisage three years of engineering and development. Initially targeting cameraphone applications, QuantumFilm will enable high performance in tiny form factors, breaking silicon’s inherent performance-resolution tradeoff. It will begin sampling by summer and could be in devices in early 2012.

“The image sensor industry as a whole has focused entirely on increasing the number of pixels and has failed to see the big picture. As a result, there has been a lack of new ideas in the market for some time. InVisage’s QuantumFilm technology will bring stunning image quality and advanced new features to an industry that is desperate for true innovation.” – Jess Lee, CEO, InVisage Technologies

“Image sensors for smart phones and handheld devices are a huge market opportunity and InVisage is well positioned to capture significant market share. InVisage is the first company in a while to think differently about image sensors and we are confident that its products will lead the imaging market on a new vector of innovation.” – Dave Flanagan, Managing Director, Intel Capital

Woodside Capital Partners served as the exclusive financial advisor to InVisage Corporation in this transaction.

About InVisage Technologies
InVisage, a spinoff of Intel Corporation, is an innovator and leader in semiconductor solutions for wireless connectivity for the rapidly emerging Internet of Things. InVisage solutions let customers easily create connected products for the Connected Home, Smart Energy, healthcare/fitness, control/monitoring in industrial, commercial, and residential markets and high-speed audio, video and security applications. www.InVisage.com.

About Intel Corporation
At Intel, building a better world is our business. Our mission is to utilize the power of Moore’s Law to bring smart, connected devices to every person on earth while serving as a role model for how companies should operate.

We power amazing experiences through a diverse product line and exciting partnerships. Our strategy is a virtuous cycle of innovation—the cloud and the data center, the Internet of Things, memory and FPGAs all bound together by the goal of greater connectivity and enhanced performance.

Our global team, over 107,000 strong across 58 countries, is a powerhouse of engineering and technological excellence that empowers solutions to the world’s toughest problems while creating the technology of tomorrow.

We are Intel, and Amazing Works Here.

About Woodside Capital Partners
Woodside Capital Partners is a global, independent investment bank that delivers world-class strategic and financial advice to emerging growth companies in the technology and life sciences sectors. With a strong track record in M&A, strategic partnerships and private placements, Woodside Capital Partners has been providing worldwide investment banking services since 2001, with leading domain experience in software, Internet services, electronic communications and materials, and healthcare. Woodside Capital Partners is headquartered in Silicon Valley, with an office in London. Securities offered through Woodside Capital Securities LLC, member FINRA/SIPC. For more information, please visit www.woodsidecap.com.