Mersive, a leading provider of visual computing software that creates and manages high performance displays, today announced it has received a multi-million dollar investment from Razor’s Edge Ventures. The investment will help to fund the expansion of Mersive’s sales and marketing efforts to deliver a new class of displays to government and commercial markets. In conjunction with the investment, Razor’s Edge managing directors, Mark Spoto and Rob Painter, have joined the Mersive board of directors.
Mersive’s Sol visual computing software provides auto alignment and display correction capabilities that leverage low cost display hardware to create ultra-high resolution, large scale, professional quality displays. The resulting reduction in cost, maintenance time and specialized room requirements delivers the performance of professional displays to the ‘general purpose’ display market.
“Mersive’s unique software-based approach to the delivery of high performance display solutions eliminates the bottleneck caused by legacy display solutions that rely on complex and expensive optical/mechanical technology. Legacy hardware has limited innovation and market growth in the display sector despite advancements in GPU, high performance computing and graphics intensive software,” said Mark Spoto, managing director of Razor’s Edge, “Mersive’s software injected into what has traditionally been a hardware model will transform complex ‘project-based’ solutions into a broader ‘product-based’ market.”
“We believe that Mersive’s visual computing software is wildly disruptive, relevant and timely for a whole host of applications across both commercial and federal markets, including military simulation and planning platforms, data-intensive analytic environments, command and control centers, and geospatial visualization, just to name a few,” said Rob Painter, managing director at Razor’s Edge.
Mersive founder and chief technology officer, Christopher Jaynes, said, “Razor’s Edge offers its portfolio companies direct and practical operational support derived from the partners’ decades of collective experience. Their role on our board will be incredibly valuable.”
“Razor’s Edge has a unique understanding of the national security community’s strategic priorities and they work tirelessly to identify and deliver disruptive technologies capable of advancing critical mission needs. The Razor’s Edge investment combined with our recently announced investment and technology development agreement with In-Q-Tel provides a powerful combination of new resources to fuel our growth,” said Rob Balgley, Mersive’s CEO.
About Mersive
Mersive is a leading provider of visual computing software that creates and manages high performance displays. By transforming a hardware challenge into a software solution, Mersive brings unprecedented simplicity and affordability to large-scale, beyond-HD displays, allowing visual collaboration to go mainstream. Mersive software automatically aligns multiple commodity projectors into one seamless image of extraordinary quality and resolution without the expense of specialized hardware and services. Knowledge workers such as engineers, designers, scientists, and control room operators can now view their visualization applications on large, high-resolution displays for daily team interaction. Mersive is based in Denver, Colorado. For more information, visit mersive.com
About Razor’s Edge
Razor’s Edge is a venture capital fund based in Herndon, Virginia founded by a group of distinguished entrepreneurs and executives from the national security industry. Razor’s Edge has a unique understanding of the national security community’s strategic priorities and works tirelessly to identify and deliver disruptive technologies capable of advancing critical mission needs. The goal of Razor’s Edge is to help innovative companies rapidly deliver unique capabilities to the government customers who need them. For more information, visit www.razorsvc.com.
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For more information
Christine Owens
cowens@mersive.com 303-800-5680