Tech Company Financing Transactions

Magnum Semiconductor Funding Round

On 5/25/2007, Magnum Semiconductor raised $20 million in Series C financing from Investor Growth Capital, August Capital and Gold Hill Capital.

Transaction Overview

Company Name
Magnum Semiconductor
Announced On
5/25/2007
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series C
Investors

Investor Growth Capital (Lead Investor) (Jose Suarez)

August Capital (Andrew Rappaport)

Gold Hill Capital

Investcorp Technology Ventures (Raj Singh)

KTB Ventures

WK Technology Fund

Proceeds Purpose
Jack Guedj, president and CEO of Magnum Semiconductor, said, "Magnum sales are growing rapidly in Japan, Korea, Europe and China. We now have greater financial strength, allowing us to accelerate our R&D efforts in high-definition products, and to fund expanding operations in support of our revenue ramp."

Company Information

Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
591 Yosemite Drive
Milpitas, CA 95035
USA
Phone
(408) 934-3700
Website
www.magnumsemi.com
Email Address
[email protected]
Overview
Magnum Semiconductor is a leading provider of chips, software, and platforms for consumer entertainment systems. Magnum provides the tools and technologies for recording, storing, managing, viewing, and exchanging audio and video throughout the home, and on the go!
Profile
Magnum Semiconductor LinkedIn Company Profile
Social Media
Magnum Semiconductor Company Twitter Account
Company News
Magnum Semiconductor News
Facebook
Magnum Semiconductor on Facebook
YouTube
Magnum Semiconductor on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gopal Solanki
  Gopal Solanki LinkedIn Profile  Gopal Solanki Twitter Account  Gopal Solanki News  Gopal Solanki on Facebook
Chief Financial Officer
Terry Griffin
  Terry Griffin LinkedIn Profile  Terry Griffin Twitter Account  Terry Griffin News  Terry Griffin on Facebook
VP - Engineering
Fure Jeng
  Fure Jeng LinkedIn Profile  Fure Jeng Twitter Account  Fure Jeng News  Fure Jeng on Facebook
VP - Marketing
Yossi Aloni
  Yossi Aloni LinkedIn Profile  Yossi Aloni Twitter Account  Yossi Aloni News  Yossi Aloni on Facebook
VP - Sales
Mark Carrington
  Mark Carrington LinkedIn Profile  Mark Carrington Twitter Account  Mark Carrington News  Mark Carrington on Facebook

 

 

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Prev: 5/25/2007: GuardianEdge Technologies venture capital transaction
Next: 5/25/2007: Greentech Media venture capital transaction

 

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Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 

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