Zight closes; microdisplay firm had raised $63 million

BOULDER — Zight Corp., formerly Colorado Microdisplay, ceased operations Nov. 30.

Only a skeleton staff remains to shut down the company. At its height, the Boulder-based developer of microdisplays employed 103 people, said Grant Weimers, Zight’s director of finance. The company, founded in 1996 by Douglas McKnight, Mark Willner and Robert Epstein, is liquidating its assets and distributing proceeds to creditors. It had raised $63 million in funding.

Zight was developing microdisplays, some the size of thumbnails, for use in videophones, binocular headsets, portable DVD players and gaming gear, as well as monocle-type eyepieces for use with wearable personal computers. Sight…