Tech Company Financing Transactions
Syntricity Funding Round
On 4/20/2006, Syntricity announced $1.5 million in funding from GE Commercial Finance.
Transaction Overview
Company Name
Announced On
4/20/2006
Transaction Type
Debt
Amount
$1,500,000
Round
Undisclosed
Investors
GE Commercial Finance (Kjerstin Barley)
Proceeds Purpose
The proceeds from the credit facility will be used to help the company manage its rapid growth as it continues to be the preferred solution provider to leading semiconductor manufacturing companies and for capital and equipment spending to support expanding demand for its Software as a Service (SaaS) delivery model.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
333 W. San Carlos St. 1000
San Jose, CA 95110
USA
San Jose, CA 95110
USA
Phone
Website
Email Address
Overview
Syntricity is the pioneer in enterprise yield management. Its yield management software is used by leading semiconductor companies, test vendors and wafer foundries to gather, manage and analyze data from facilities around the world to improve yield, reduce product development cycles, and increase profits.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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