Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=900b7fdb-f163-4c0e-bb81-11e7079cf2ac&Preview=1
Date 3/28/2011
Company Name Physware
Mailing Address 600 108th Ave NE Bellevue, WA 98004
Company Description Physware, Inc. develops high-speed field solutions for signal and power issues in high-frequency package and board-level electrical modeling and design for the microelectronics industry. The company’s patent-pending, physics-aware technology tightly couples analysis and design methods to the underlying Maxwell’s and circuit equations, enabling robustness and efficiency at every step of the design cycle and significantly reducing time to market.
Proceeds Purposes Proceeds purposes were not disclosed. Total Sold includes conversion of existing convertible promissory note principal and interest of $1,888,417; warrants issued in connection with earlier note offering converted into warrants to purchase up to 1,035,321 shares of Series B Pref at $0.3284/sh. SEC regulatory filing.