Vixar Lands $2,500,000 Series B Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb2788ca-373f-4bfe-838c-1bb3a8f04964&Preview=1
Date
5/3/2012
Company Name
Vixar
Mailing Address
2950 Xenium Lane Plymouth, MN 55447
Company Description
Vixar manufactures short wavelength (650nm to 800nm) VCSEL and LED based optical components and subassemblies for sensor and device applications within the biomedical, industrial, office product, automotive and consumer industries.
Website
http://www.vixarinc.com
Transaction Type
Venture Equity
Transaction Amount
$2,500,000
Transaction Round
Series B
Proceeds Purposes
We are well along in the process of moving from a technology research phase into product development and product sales.
M&A Terms
Venture Investor
Phoenix Venture Partners