Brief: Waylens Secures $2.2 Million in Funding for First Camera Product Launch; Announces Upcoming Kickstarter Initiative

Waylens 1

Waylens, an intelligent camera system company based in Boston, has announced $2.2 million in external funding secured.

Waylens 2The startup has allocated its funding to launch a high-performance, score-keeping camera system for enhancing the driving experience. Investors in the round include IDG Capital Partners and E14 Fund, which was launched to help researchers coming out of the MIT Media Lab start companies.

David Strand, president of E14 Fund, shared:

“Waylens’ exciting new product gives auto enthusiasts a unique new way to enjoy and share their driving experiences. Waylens has jumpstarted their development stage, and this funding positions them as a serious contender in the automotive tech industry.”

The founding team includes two MIT Media Lab grads: Chief Technology Officer Dawei Shen and Chief Creative Officer Phil Salesses. The duo met while studying at MIT in 2010 and are now bringing MIT Media Lab innovation to the world of automotive technology.

Waylens will fully launch and open pre-orders for the product on Kickstarter in October 2015.

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