QuVIS, Inc., a developer and manufacturer of high fidelity digital motion imaging equipment, announced that Seacoast Capital Partners II, L.P. is providing funding to further accelerate and expand QuVIS' production capabilities to support growing worldwide demand of the company's patented wavelet based imaging solutions.
"We are very pleased with this financial vote of confidence in QuVIS technology and business potential from Seacoast Capital, and with the assistance they have provided to help QuVIS achieve its business goals," Kenbe Goertzen, QuVIS' President and CEO, said.
"With its recent NASA contract, QuVIS proved their imaging technology was superior to that of several well established rivals," Eben Moulton, Seacoast Capital Partner, said. "It was proven yet again by the selection of QuVIS technology by the UK Film Council. With expanding opportunities in the entertainment, government and medical markets, we felt compelled and are pleased to provide funding to help QuVIS meet the increasing demand for their innovative technology."