In-Q-Tel Partners with VC-Backed Redlen Technologies

U.S. venture capital firm In-Q-Tel has made an undisclosed strategic investment in Redlen Technologies Inc., a Saanichton, British Columbia-based developer and manufacturer of high-resolution cadmium-zinc-telluride semiconductor radiation detector products. In-Q-Tel and Redlen have also entered into a technology agreement. Redlen has been venture-backed since 2004. Its investors include Canadian firms BC Advantage Funds (VCC), GrowthWorks and Yaletown Venture Partners.

9 April 2013•3 mins read
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