Samplify Systems Receives $11,200,000 Series B Financing

  • Feed Type
  • Date
    3/7/2011
  • Company Name
    Samplify Systems
  • Mailing Address
    160 Saratoga Avenue Santa Clara, CA 95051
  • Company Description
    Samplify Systems is a venture-funded Silicon Valley startup that delivers simply the bits that matter in real-world signal processing applications. By bridging the ever-widening gap between faster data converters and the fixed-bandwidth infrastructure that transfers, processes, and stores those samples, Samplify’s patented algorithms and products substantially reduce that gap. Samplify targets embedded applications in the COTS, military, medical imaging, homeland security, ATE, test and measurement, and data acquisition markets.
  • Website
    http://www.samplify.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $11,200,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The $11.2M of capital enables the company to fund its rapid growth in its existing markets, and offers flexibility to expand into new markets.
  • M&A Terms
  • Venture Investor
    Canaan Partners
  • Venture Investor
    Formative Ventures
  • Venture Investor
    Schlumberger