Powervation Obtains $5,500,000 Series C Funding

  • Feed Type
  • Date
    2/11/2014
  • Company Name
    Powervation
  • Mailing Address
    2665 North First Street San Jose, CA 95134
  • Company Description
    Powervation provides a new class of Auto-control digital power IC solutions that optimize power-supply performance and efficiencies for manufacturers of electronic systems used in Computing, NetComms, storage and other applications.
  • Website
    http://www.powervation.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,500,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The company intends to use the funds to further accelerate growth, product development, and market adoption of its platform at cloud and communications infrastructure OEMs.
  • M&A Terms
  • Venture Investor
    Scottish Equity Partners
  • Venture Investor
    Intel Capital
  • Venture Investor
    VentureTech Alliance
  • Venture Investor
    Braemar Energy Ventures
  • Venture Investor
    Undisclosed