Electronics Startup CLEARink Displays Brings In $5 Million

CLEARink Displays announced the close of $5 million in Series C financing. Two investors contributed to the round, including Vestech International.

CLEARink aims to revolutionize the reflective display industry by developing reflective display modules based on proprietary technology that combine the daylight readability of paper with the colorful video performance of digital displays. The company was formed in 2012 by a number of co-founders who have together started more than 10 companies, including Vancouver success stories TIR (sold to Philips) and Brightside (sold to Dolby). The company has also attracted a world-class advisory team, which includes a former CTO from Philips and a former CEO from Barco.

According to the company, this funding round enables the company to complete trial manufacturing and commence mass production next year.