Tech Company Financing Transactions
Nitronex Funding Round
Nitronex, based in Durham, received $6 million in funding from Alliance Technology Ventures, TPG Capital and VantagePoint Capital Partners.
Transaction Overview
Company Name
Announced On
4/9/2004
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funds will be used to accelerate new product development and sales and marketing activities. To date, the Company has raised $50 million in venture funding.
Company Information
Company Status
Acquired or Merged
Industry
Wireless
Mailing Address
2305 Presidential Drive
Durham, NC 27703
USA
Durham, NC 27703
USA
Phone
Website
Email Address
Overview
Nitronex is a privately held developer and manufacturer of advanced RF power transistors for use in wireless communications networks.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 4/8/2004: SteelEye Technology venture capital transaction
Next: 4/12/2004: Trusted Network Technologies venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs