Irvine Sensors Inks $11.4M from Investors

Irvine Sensors, which is traded on the over-the-counter Bulletin Board, has raised $11.4 million from Costa Brava Partnership III LP and The Griffin Fund. As a result of the financing, Seth Hamot, general partner of Costa Brava, has become chairman of the company’s board. Chet White, managing partner of The Griffin Fund, also joined the board. Costa Mesa, Calif.-based Irvine Sensors develops miniaturized infrared and electro-optical cameras and image processors.

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