Tech Company Financing Transactions
Redlen Technologies Funding Round
On 3/6/2014, Redlen Technologies received $5.5 million in Series A financing from Pangaea Ventures, In-Q-Tel and private investors.
Transaction Overview
Company Name
Announced On
3/6/2014
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Series A
Investors
Pangaea Ventures (Lead Investor) (Christopher Erickson)
Proceeds Purpose
The company will use proceeds from the financing to further expand its product line and volume production capabilities for its precision radiation imaging and detection products.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
1763 Sean Heights 123
Saanichton BC, V8M 0A5
Canada
Saanichton BC, V8M 0A5
Canada
Phone
Website
Email Address
Overview
Redlen Technologies is a leading manufacturer of high resolution Cadmium Zinc Telluride (CZT) semiconductor radiation detectors which are enabling a new generation of high performance detection and imaging equipment including Nuclear Cardiology, CT Scanning, Baggage Scanning and Dirty Bomb Detection.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Glenn Bindley
Chief Financial Officer
Eric Erikson
Chief Operating Officer
James Balcom
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