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
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
Somerset, NJ 08873
USA
Phone
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.
Management Team
Browse more venture capital transactions:
Prev: 7/22/2003: Nitronex venture capital transaction
Next: 7/22/2003: GI Dynamics venture capital transaction
Share this article
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.
Additional Resources for Entrepreneurs