Raydiance Obtains $6,000,000 New Funding

  • Feed Type
  • Date
    2/5/2013
  • Company Name
    Raydiance
  • Mailing Address
    2199 S. McDowell Blvd Petaluma, CA 94954
  • Company Description
    UltraShort Pulse lasers have compelling capabilities that can deliver major benefits to hundreds of lucrative markets. The problem is that that technology is impractical. It’s too expensive. It requires highly trained Ph.D.’s to operate. And while scientists in research labs have shown how USP photonics can revolutionize important applications, today’s USP systems don’t have the throughput they need for most real world applications.
  • Website
    http://www.raydiance-inc.com
  • Transaction Type
    Debt
  • Transaction Amount
    $6,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The proceeds of the venture loan will be used to support Raydiance’s continued growth.
  • M&A Terms
  • Venture Investor
    Horizon Technology Finance

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