Tech Company Financing Transactions
SiTime Funding Round
On 9/23/2014, SiTime raised $25 million in financing from Capital IP Investment Partners and private investors.
Transaction Overview
Company Name
Announced On
9/23/2014
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Capital IP Investment Partners (Riyad Shahjahan)
Proceeds Purpose
CapIP is delighted to partner with SiTime to help fuel the company's next phase of innovation and commercialization which will extend its market leadership position in MEMS-based timing.
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
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