Tech Company Financing Transactions
Intrinsity Funding Round
Intrinsity closed a $31.5 million Series E funding round on 1/28/2008. Backers included Adams Capital Management, Altitude Capital Partners and Goldman Sachs.
Transaction Overview
Company Name
Announced On
1/28/2008
Transaction Type
Venture Equity
Amount
$31,500,000
Round
Series E
Investors
Proceeds Purpose
The additional funding will allow the company to further augment its family of FastCore® embedded processor cores based on the ARM® and Power® architectures, as well as expand a series of technical initiatives targeted at improving designer productivity and advancing innovative new low-power technology research.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
11612 Bee Caves Rd. Building II 200
Austin, TX 78738
USA
Austin, TX 78738
USA
Phone
Website
Email Address
Overview
Intrinsity embarked on a mission to develop and bring to market a new, highly-transistor-efficient logic family that would ultimately become known as Fast14 Technology. Initially offering design services, Intrinsity undertook several complex design projects while refining core technologies, filing dozens of patents, and creating the Intrinsity Design Automation Platform.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bob Russo
VP - Engineering
David Shippy
VP - Finance
Greg Vere
VP - Operations
Greg Orzech
VP - Product Management
Mike Gehl
VP - R & D
Pat Thomas
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