Magnum Semiconductor Lands $36,000,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dc1859fd-061e-4174-889d-9e74e2dd56f2
Date
12/22/2014
Company Name
Magnum Semiconductor
Mailing Address
591 Yosemite Drive Milpitas, CA 95035 USA
Company Description
Magnum Semiconductor is a leading provider of chips, software, and platforms for consumer entertainment systems. Magnum provides the tools and technologies for recording, storing, managing, viewing, and exchanging audio and video throughout the home, and on the go!
Website
http://www.magnumsemi.com
Transaction Type
Debt
Transaction Amount
$36,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The proceeds will be used to retire existing debt, continue to invest in the technology roadmap and for working capital purposes.
M&A Terms
Venture Investor