Tech Company Financing Transactions

Frore Systems Funding Round

Frore Systems, based in San Jose, raised $80 million in funding from Fidelity Management & Research Company, Addition and Alumni Ventures.

Transaction Overview

Company Name
Announced On
5/29/2024
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series C
Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Frore Systems 2333 Zanker Road
San Jose, CA 95131
USA
Email Address
Overview
Frore Systems is the developer of breakthrough?thermal technology for consumer devices. The company's active cooling chips, AirJet® Mini and AirJet® Pro, are integrated into?devices to remove heat silently, delivering 2X improvement in device processor performance. AirJet's compact size and unique capability enables faster, quieter, thinner, lighter and dust-proof devices. Frore Systems is headquartered in San Jose, CA with offices in Taiwan and South Korea.
Profile
Frore Systems LinkedIn Company Profile
Social Media
Frore Systems Company Twitter Account
Company News
Frore Systems News
Facebook
Frore Systems on Facebook
YouTube
Frore Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Seshu Madhavapeddy
  Seshu Madhavapeddy LinkedIn Profile  Seshu Madhavapeddy Twitter Account  Seshu Madhavapeddy News  Seshu Madhavapeddy on Facebook
Chief Technical Officer
Surya Ganti
  Surya Ganti LinkedIn Profile  Surya Ganti Twitter Account  Surya Ganti News  Surya Ganti on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/29/2024: Firefly venture capital transaction
Next: 5/29/2024: Light Frame venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

We do our best to record every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary