In-Q-Tel's strategic investment funding will be used to accelerate Pixim's new product development and for general working capital purposes to meet the strong growth arising from demand for Pixim chipsets. Along with In-Q-Tel, Tallwood venture capital, Ridgewood capital and Mayfield fund have contributed to Pixim's series B-1 investment round.

"In-Q-Tel invested in Pixim because it offers government and commercial users a new capability to significantly enhance critical decision making," says Troy M. Pearsall, executive vice president of technology transfer at In-Q-Tel "Pixim's technology provides clear, crisp images with unmatched wide dynamic range that enables cameras to capture all the activity in a scene, even under extremely challenging lighting conditions where other technologies would fail. In-Q-Tel is pleased to be partnering with Pixim and we are impressed with their significant developments in digital imaging technology"

Pixim is rapidly growing its customer base and driving up production volumes. In the last year alone, Pixim's client base expanded over 100 percent. Pixim chipsets are incorporated into the world's leading surveillance cameras, with dozens of manufacturers incorporating Pixim's chipsets in more than 100 security camera models shipping into over 50 countries around the world.

"Pixim's new partnership with In-Q-Tel is a natural fit, as we see our imaging technology playing an expanding role in enhancing critical government applications," says Joe Montalbo, president and CEO of Pixim "In-Q-Tel is a unique strategic investor driven by the technology needs of users within the intelligence community. Pixim is proud to support their important mission"

Pixim's Orca chipset is the industry standard for wide dynamic range, ensuring accurate video capture, excellent color rendition, and minimal blooming and smear in challenging lighting conditions, such as glare, direct sunlight, reflections, and strong backlight.