PlanarMag Secures $4,000,000 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3827dfe4-eb56-4ed9-94b4-aa0b7c9a59f5&Preview=1 -
Date
6/11/2009 -
Company Name
PlanarMag -
Mailing Address
2945 Ramco West Sacramento, CA 95691 -
Company Description
PlanarMag is advancing the magnetic components industry into the world of microelectronics. Drawing from practices used in the integrated circuit industry, PlanarMag applies advanced design and process technology to develop innovative solutions for wired and wireless communications.These markets demand ever increasing levels of performance, reliability, and miniaturization. Traditionally, the fabrication of small magnetic components has been based on manual winding and hand soldering during assembly. With such a large degree of manual construction, the hand wound devices are notorious for their inconsistency and reliability problems. -
Website
http://www.planarmag.com/ -
Transaction Type
Venture Equity -
Transaction Amount
$4,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Undisclosed
