3-D on your smart phone? L.A. company gets funding

Here's another local tech company you probably have never heard of. MasterImage 3D, which is developing 3-D technology for mobile phones, tablets, PCs and movie theaters, has received a $15-million investment from Samsung Ventures, a division of the South Korean consumer electronics giant that sells 3-D television sets. From the LAT:

Founded in Seoul, South Korea, in 2004, MasterImage employs 100 people, inluding 20 in L.A. Another 40 to 50 workers will be hired in L.A. as a result of the new investment, said Chairman and CEO Younghoon Lee, delivering a welcome boost to Southern California's post-production sector, which has been hit hard by job losses in recent years.

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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