Tech Company Financing Transactions
SiTime Funding Round
SiTime, based in Sunnyvale, received $20 million in funding from New Enterprise Associates, Rally Ventures and Silicon Valley Bank.
Transaction Overview
Company Name
Announced On
6/30/2007
Transaction Type
Venture Equity
Amount
$20,000,100
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
990 Almanor Avenue
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Overview
SiTime is a fabless integrated circuit company developing silicon timing, clock, and RF chips, which incorporate Micro Electro Mechanical Systems (MEMS) timing reference devices inside standard silicon electronic chips, eliminating the need for quartz crystals.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 6/30/2007: Blue Casa Communications venture capital transaction
Next: 6/30/2007: Kidzui venture capital transaction
Share this article
About Database of VC Transactions
Our team works diligently to report on every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs