SemiNex Garners $639,773 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c56d421e-109e-402e-9742-3f43bc23d9c6&Preview=1 -
Date
8/11/2011 -
Company Name
SemiNex -
Mailing Address
100 Corporate Place Peabody, MA 01960 -
Company Description
SemiNex aims to fundamentally transform key industries by displacing conventional laser technology with super-high-power semiconductor diode lasers, enabling new cost-effective laser applications. SemiNex provides better performance and laser efficiency while drastically reducing the laser size and power consumption. This will enable lasers to be used more broadly in “mass-market” applications for medical, military and free space optical communications systems. SemiNex aims to facilitate safe and effective laser use to mainstream these systems, much like microprocessors enabled computers to migrated from the bulky back-office mainframe environment into the widespread consumer use we see today. -
Website
http://www.seminex.com -
Transaction Type
Venture Equity -
Transaction Amount
$639,773 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. -
M&A Terms
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Venture Investor
Undisclosed
