Tech Company Financing Transactions
Magnolia Broadband Funding Round
On 7/7/2003, Magnolia Broadband raised $6 million in Series C investment from eCentury Capital, SCP Partners and Threshold Ventures.
Transaction Overview
Company Name
Announced On
7/7/2003
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series C
Investors
Proceeds Purpose
Proceeds from the financing will support the completion of customer evaluation and delivery of the company's DiversityPlus� based RFIC chipset starting in the fourth quarter of 2003.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
74 Grand Ave. 2nd Floor
Englewood, NJ 07631
USA
Englewood, NJ 07631
USA
Phone
Website
Email Address
Overview
Magnolia is an innovative developer of semiconductors for the wireless industry and the first company to provide mobile transmit diversity antenna technology, DiversityPlususing a unique RF (Radio Frequency) chipset.
Management Team
Title
Name
Email & Social
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