Tech Company Financing Transactions
Multigig Funding Round
On 5/12/2008, Multigig received $12.5 million in Series B funding from Presidio Partners and Sierra Ventures.
Transaction Overview
Company Name
Announced On
5/12/2008
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series B
Investors
Presidio Partners (Faysal Sohail)
Sierra Ventures (Benjamin Yu)
Proceeds Purpose
Multigig will use the financing to accelerate the rollout of a line of high performance timing products. Additionally, the company intends to use the investment to complete the development of new IC architectures for wireless infrastructure.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
2645 Zanker Road 101
San Jose, CA 95134
USA
San Jose, CA 95134
USA
Phone
Website
Email Address
Overview
Multigig, Inc., is a fabless semiconductor company that provides advanced next generation clock and timing solutions for the wired and wireless communications markets. Over 30 issued patents protect Multigig's proprietary technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Canning
Chief Financial Officer
Michael Seifert
Chief Technical Officer
Steve Beccue
Co-Founder
Haris Basit
VP - Manufacturing
Craig Young
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Where The Data Comes From
We do our best to record funding rounds that are announced publicly. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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