Phoseon Technology
| Company type | Private |
|---|---|
| Industry | Electronics, Ultraviolet LED technology |
| Founded | 2002 |
| Founder | Mark Owen, Francois Vlach, Christopher O'Leary |
| Fate | Acquired by Excelitas Technologies in 2023 |
| Headquarters | Hillsboro, Oregon , United States |
Area served | Worldwide (including Europe and Asia) |
Key people | Bill Cortelyou (CEO and president) |
| Products | Ultraviolet LED light devices for industrial curing, Semiconductor Light Matrix (SLM), KeyPro KP100 UV LED microplate decontamination system |
Number of employees | 30 (2006) |
Phoseon Technology is a privately held electronics manufacturer located in Hillsboro, Oregon. Established in 2002, the company specializes in producing ultraviolet (UV) light devices that utilize light emitting diode (LED) technology for industrial curing purposes. With its main office situated within the Portland metropolitan area, Phoseon also maintains operational facilities across Europe and Asia. The company is led by Bill Cortelyou, who holds the positions of CEO and president.
History
The inception of Phoseon dates back to 2002 when Mark Owen, Francois Vlach, and Christopher O'Leary launched the business with a single offering: the FX-B fluorescent inspection system incorporating a UV LED radiation module. The foundational technology was initially developed by Owen during his tenure at Agilent Technologies, while Vlach obtained the commercialization rights after Agilent chose not to pursue the product. By October 2003, Phoseon had expanded its team to 20 employees and extended its market reach into Asia and Europe.
In March 2005, the company secured $6.4 million through the sale of preferred stock to investors such as SmartForest Ventures and PacRim Venture Partners. This was followed by a convertible debt financing round in 2006 that raised an additional $1.3 million, increasing total funding to $9.2 million and growing the employee base to 30.
Co-founder Mark Owen resigned from his CEO role in late 2006 and departed from the company in 2007 but continued to serve on its board until 2012. In 2010, Phoseon was recognized as a finalist for the Oregon Technology Awards' Rising Star of the Year category. The firm contributed UV ink curing machinery to Clemson University in 2019. Most recently, in 2023, Excelitas Technologies completed its acquisition of Phoseon.
Products
Phoseon's core product suite centers on ultraviolet light generated by light emitting diodes (LEDs) designed for industrial use, particularly in curing adhesives, coatings, and inks. Their leading innovation, Semiconductor Light Matrix (SLM), is a solid-state UV LED system that operates without mercury. These solutions are also applicable within DVD manufacturing and sterilization sectors.
In earlier years, Phoseon developed products involving Microelectromechanical systems (MEMS) alongside an infrared semiconductor inspection device, which was sold to Viscom AG in 2007. The company broadened its portfolio in 2018 with the introduction of the KeyPro™ KP100 UV LED microplate decontamination system, enhancing its range of high-intensity UV LED technologies.