BOULDER — Occipital Inc. has raised $10.9 million in an equity offering.
The Boulder-based tech company is seeking $15 million in capital, according to a Form D filed with the Securities and Exchange Commission on Jan. 22.
While owning a building seems like something every successful business should do, that’s not always the case. For many companies, it makes more sense to continue leasing space, freeing up time and capital that can be better utilized in other ways.
Occipital did not return a request for more information.
Occipital makes several products in the 3-D imaging space, according to its website, including a 3-D sensor for mobile devices and mixed-reality headgear built for the iPhone. The company also makes software, such as a program that lets people build accurate 3-D models of their own home on their iPad.
Occipital was founded in 2008 by Jeff Powers and Vikas Reddy and is a graduate of the Techstars Boulder program.