PhotoFree is a Capital Point incubator company.
PhotoFree Ltd. has obtained a NIS 2.84 million commitment from Capital Point Ltd. (TASE:CPTP) and other investors. Capital Point pledged NIS 2.1 million of the amount. The company is based in Capital Point's Ofakim Hi-Tech Ventures incubator.
PhotoFree CEO Hila Goldman-Aslan and Dr. Zeev Zalevsky co-founded the company in 2006. It is developing a security device that blocks digital photography within a restricted space or over a specific radius, preventing the picture from being copied.
Published by Globes [online], Israel business news - www.globes-online.com - on July 10, 2008
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