Electronic glasses maker eSight raises $10 mln, picks new CEO
Toronto-based electronic glasses maker eSight has raised a debenture financing of $10 million. The investors were not identified. BetaKit reported the deal was led by Canadian healthcare technology venture capital firm iGan Partners. The company's other backers include MaRS Investment Accelerator Fund. The funds raised will be used by eSight to support technology development and global expansion. Along with the financing, eSight announced the promotion of former telecommunications executive Kevin Banderk to CEO. Launched in 2015, eSight makes electronic glasses with enhanced vision technology to improve sight and mobility for the visually impaired.
30 May 2019•3 mins read
