Tech Company Financing Transactions
WiSpry Funding Round
WiSpry, based in Irvine, secured $13.5 million from L Capital Partners, American River Ventures and Blueprint Ventures.
Transaction Overview
Company Name
Announced On
10/24/2006
Transaction Type
Venture Equity
Amount
$13,500,000
Round
Series B
Investors
Proceeds Purpose
"The financing will fund continued growth as we ramp the development, production and sales of our integrated RF-MEMS-enabled CMOS products for the mobile handset market," the CEO stated, adding that the company's proprietary products "will eliminate the need for multiple RF paths required in multi-standard, multi-band applications, including 'global' mobile phones, mobile wireless subsystems and wireless base stations."
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
20 Fairbanks 198
Irvine, CA 92618
USA
Irvine, CA 92618
USA
Phone
Website
Email Address
Overview
WiSpry is a fabless, radio frequency (RF) semiconductor company headquartered in Irvine, California and was formed in October 2002 through a spin-off of the RF/Wireless business unit of Coventor, Inc., the market-leading MEMS software company.
Management Team
Title
Name
Email & Social
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Next: 10/25/2006: Synacor venture capital transaction
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