08.23.2010 02:00 PM
3D Glasses Maker Closes on $1.07 Million Equity Investment
BitCauldronGAINESVILLE, FLA.: Bit Cauldron, noted for making 3D shutter glasses and transmitters, closed on a $1.07 million equity investment, according to a Securities and Exchange filing. The source of the funding was not disclosed. Tech Journal South said current investors included the Emergent Growth Fund II, “a member-managed angel group” in Gainesville.

Bit Cauldron was founded two years ago by James Mentz, Sam Caldwell and Robert Mentz. It started getting attention at the 2010 Consumer Electronics Show, where it unveiled its universal 3D shutter glasses. Bit Cauldron makes two models of 3D shutter glasses that connect via IEEE 802.15.4, a transmission specification for wireless personal area networks, or WPANs.

Unlike the majority of shutter glasses that flicker when a viewer looks away from a 3DTV set, Calwell said Bit Cauldron’s do not. The glasses due to hit the market via Monster Cable in September for a suggested retail price of $169.95 for the glasses only and $249.95 for a glasses-transmitter bundle.
-- Deborah D. McAdams


Comments
Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found




Thursday 10:05 AM
NAB Requests Expedited Review of Spectrum Auction Lawsuit
“Broadcasters assigned to new channels following the auction could be forced to accept reductions in their coverage area and population served, with no practical remedy.” ~NAB


 
Featured Articles
Research & Standards
Discover TV Technology