Tech Company Financing Transactions
Quorum Systems Funding Round
On 5/25/2005, Quorum Systems raised $15 million in financing from Greylock Partners, Enterprise Partners Venture Capital and Kleiner Perkins Caufield & Byers.
Transaction Overview
Company Name
Announced On
5/25/2005
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This additional funding, raised in the Series B, will be used to strengthen ongoing sales and marketing efforts and drive the convergence market from a semiconductor technology aspect as well as to take the QS2000 into full production.
Company Information
Company Status
Acquired or Merged
Industry
Wireless
Mailing Address
9330 Scranton Road 450
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Not Recorded
Overview
Quorum Systems has been developing world-class CMOS low-power, high-integration Cellular Transceivers since 2003. Today, Quorum's transceiver product range includes attractive solutions for 2G, 2.5G and 3G offering designers of mobile handsets and pico/femto-cell basestations the ability to differentiate their products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bernard Xavier
Chief Technical Officer
Lon Christensen
VP - Bus. Development
James Benefer
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