GEO Semiconductor Obtains $2,000,000 New Financing Round

  • Feed Type
  • Date
    9/28/2010
  • Company Name
    GEO Semiconductor
  • Mailing Address
    2350 Mission College Blvd Santa Clara, CA 95054
  • Company Description
    Geo Semiconductor Inc. has acquired the assets related to two unique pixel processing platform technologies and the associated IC businesses from Silicon Optix. Both the Realta and GEO IC’s are in production. The transaction closed on May 11, 2009, and has made GEO the absolute leader in video and geometry processing!
  • Website
    http://www.geosemi.com
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This financing will enable us to further penetrate key high volume growth opportunities that include correcting color & brightness uniformity issues in LED-backlit LCD displays as well as correcting optical anomalies and sensor pixel non-uniformity issues in smartphones.
  • M&A Terms
  • Venture Investor
    Montage Capital
  • Venture Investor
    Harris & Harris Group
  • Venture Investor
    Undisclosed

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