Tech Company Financing Transactions
Cymbet Funding Round
Cedar Fund, Dow Venture Capital and Ignite Group invested in a $31 million Series C funding round for Cymbet. The funding round was announced on 1/25/2010.
Transaction Overview
Company Name
Announced On
1/25/2010
Transaction Type
Venture Equity
Amount
$31,000,000
Round
Series C
Investors
Proceeds Purpose
The Company will use proceeds from this financing round to expand EnerChip sales and marketing initiatives globally, as well as to add manufacturing capacity for its eco-friendly, EnerChip� solid-state energy storage devices in response to rising customer demand.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
18326 Joplin St. Northwest
Elk River, MN 55330
USA
Elk River, MN 55330
USA
Phone
Website
Email Address
Overview
Cymbet is a privately held technology company who specializes in thin film, solid state batteries for microelectronic systems. We also are a lead producer of thin film energy storage solutions and power management.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Monte Johnson
Chief Technical Officer
Steve Downey
VP - Customer Service
Jeffrey Sather
VP - Engineering
Morgan Thoma
VP - Operations
James Iannucci
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