Tech Company Financing Transactions
Velox Semiconductor Funding Round
Velox Semiconductor, based in Somerset, secured $6 million from DCM Ventures, DFJ New England and SAS Investors.
Transaction Overview
Company Name
Announced On
5/5/2005
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Out of Business
Industry
Semiconductors
Mailing Address
394 Elizabeth Avenue
Somerset, NJ 08873
USA
Somerset, NJ 08873
USA
Phone
Website
Email Address
Overview
VELOX Semiconductor excels in high-volume, cost-effective manufacturing of Gallium Nitride (GaN) transistors and diodes. VELOX's GaN based technology allows significant improvements in the cost, size and efficiency of power supplies potentially resulting in increased portability.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Hierl
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