Tech Company Financing Transactions

ASIP Funding Round

ASIP closed a $16 million Series C funding round on 7/22/2003. Backers included NGP, Finaventures and Intel Capital.

Transaction Overview

Company Name
Announced On
7/22/2003
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series C
Investors

NGP (Lead Investor) (Jonathan Ebinger)

Finaventures

Intel Capital

Redpoint Ventures (Brad Jones)

Proceeds Purpose
ASIP will use the proceeds of this financing to enable the fulfillment of customer commitments, to further development of its manufacturing infrastructure and to continue product innovation.

Company Information

Company Status
Out of Business
Industry
Semiconductors
Mailing Address
25 Worlds Fair. Dr.
Somerset, NJ 08873
USA
Website
Email Address
Not Recorded
Overview
ASIP, an emerging leader in the development of advanced photonic integrated circuits, including high-speed laser sources and high-sensitivity photodetectors at both 10Gb/s and 40Gb/s.
Profile
ASIP LinkedIn Company Profile
Social Media
ASIP Company Twitter Account
Company News
ASIP News
Facebook
ASIP on Facebook
YouTube
ASIP on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mike Decelle
  Mike Decelle LinkedIn Profile  Mike Decelle Twitter Account  Mike Decelle News  Mike Decelle on Facebook


 

 

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Prev: 7/22/2003: Nitronex venture capital transaction
Next: 7/22/2003: GI Dynamics venture capital transaction

 

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About Our Venture Capital Transactions Database

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 is sourced from VentureDeal.com, an affiliated venture.

 


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