Tech Company Financing Transactions
Eleksen Funding Round
On 2/1/2006, Eleksen raised $3.3 million in investment from Siemens Venture Capital.
Transaction Overview
Company Name
Announced On
2/1/2006
Transaction Type
Venture Equity
Amount
$3,300,000
Round
Undisclosed
Investors
Proceeds Purpose
The investment will provide Eleksen with funds for expansion and working capital to meet its targeted sales growth, which is underpinned by a strong order book and commitments from customers.
Company Information
Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
Old Repeater Station Brompton-on-Swale
North Yorkshire, DL10 7JH
UK
North Yorkshire, DL10 7JH
UK
Phone
Website
Email Address
Overview
Eleksen Ltd. is the world leader in touch sensitive interactive textiles for electronics interface design. The company's core technology, ElekTex, is a unique electro-conductive fabric touch pad optimized for the creation of flexible, durable and rugged fabric touch screen interfaces.
Management Team
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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