Tech Company Financing Transactions
MEARS Technologies Funding Round
MEARS Technologies, based in Wellesley Hills, scored $14.8 million from private investors.
Transaction Overview
Company Name
Announced On
3/20/2015
Transaction Type
Debt
Amount
$14,750,000
Round
Undisclosed
Investors
Proceeds Purpose
MTI intends to use the proceeds of the Notes to accelerate the development and commercialization of its Mears Silicon Technology� ('MST'). MST allows complementary metal-oxide-semiconductor ('CMOS') transistors to be made smaller, faster, more reliably and with better energy efficiency. MST improves the most widely used CMOS types (N-type and P-type) on a lowcost, industrial scale using epitaxial machines already employed in semiconductor manufacturing. MTI will also use the proceeds of the Notes to strengthen its strategic intellectual property portfolio further.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
20 Walnut St. 8
Wellesley Hills, MA 02481
USA
Wellesley Hills, MA 02481
USA
Phone
Website
Email Address
Overview
MEARS Technologies is dedicated to delivering a stream of innovative solutions to the global semiconductor industry. We focus on enabling the continued improvement of silicon semiconductor performance at ever finer geometries and increased chip densities.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott Bibaud
Chief Executive Officer
Erwin Trautmann
Chief Operating Officer
Ron Cope
Chief Technical Officer
Robert Mears
VP - Bus. Development
Erwin Trautmann
Browse more venture capital transactions:
Prev: 3/20/2015: Medusind Solutions venture capital transaction
Next: 3/20/2015: NuoDB venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. All VC database entries on this site come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs