Tonbo Imaging, a supplier of advanced night-vision imaging systems to global military forces and defence agencies has raised $17 million in series B financing led by WRV Capital. Qualcomm Ventures and Edelweiss Private Equity also participated in the funding round.
Tonbo Imaging, a spinout of Sarnoff Corporation and Stanford Research International, was formed in 2008 by Arvind, an alumnus of BITS-Pilani and Carnegie Mellon University, who had moved to back India in 2004 to run Sarnoff’s India operations.
The company derives its name from the Japanese word for the dragonfly — the creature’s complex compound eyes are supposed to be one of the best vision systems in the animal world and are an inspiration for the company’s core systems.
Tonbo’s device lineup covers the entire range of defence space, be it land, water, or air systems.
Tonbo Imaging designs, builds and deploys advanced imaging and sensor systems to sense, understand and control complex environments. Modern day battlefields, critical infrastructures, unmanned reconnaissance, transport vehicles driving in the dark – all offer very challenging environments for effective visualization. Obscurants like smoke, dust, fog and camouflage make observation and navigation very difficult.
Tonbo Imaging offers a suite of solutions that address critical market needs in military reconnaissance, critical infrastructure security and transportation safety.The company’s offerings consist of sophisticated imaging products, custom design applications and intellectual property cores that can be licensed by OEM’s and systems integrators.
Since then, the company has grown to 170 employees—mostly specialized engineers—across offices in Bengaluru, Palo Alto, Greece, Poland and Singapore. Its growth is driven by increased demand from emerging markets that are looking to modernize their aging military equipment, the company said.