Cavendish Kinetics Secures $10,000,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ca520206-c265-4fc1-bba7-0b87272a1716&Preview=1 -
Date
6/7/2011 -
Company Name
Cavendish Kinetics -
Mailing Address
3833 North 1st Street San Jose, CA 95134 -
Company Description
Cavendish Kinetics is a fabless semiconductor IP company developing embedded Non-Volatile Memory technology for standard CMOS processes. -
Website
http://www.cavendish-kinetics.com -
Transaction Type
Venture Equity -
Transaction Amount
$10,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Cavendish Kinetics, a fabless semiconductor manufacturer, will use the funds to produce RF Tuning products based on its proprietary NanoMech technology. Initial products target antenna tuners and impedance matching devices in mobile devices and are expected to sample early in 2012. -
M&A Terms
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Venture Investor
Qualcomm, Inc. -
Venture Investor
Tallwood Venture Capital -
Venture Investor
Wellington Partners
