GEO Semiconductor Garners $1,600,000 Series B Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e837a42-48f0-476f-b4df-0befbd878055&Preview=1 -
Date
10/19/2011 -
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
$1,600,000 -
Transaction Round
Series B -
Proceeds Purposes
GEO plans to utilize the proceeds from the Series B financing to complete the development of itsnew GEN 4 eWARP processor. -
M&A Terms
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Venture Investor
Undisclosed
