Element Labs snags $2M for large video displays

Element Labs, maker of massive light-emitting diode video displays used for concerts and other major events, has brought in $2 million of an expected $2.8 million round of equity, debt and rights, according to VentureWire. Based in Santa Clara, Calif., the company previous raised $12.75 in a first round of funding in 2007 from Expansion Capital Partners, Gold Hill Capital and Sierra Ventures.

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About the Author, Camille Ricketts

Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.

With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.