RF Arrays Raises $6.5M
Portland, OR-based RF Arrays, a wireless communications technology firm, has raised $6.5 million in equity, options, warrants, and/or other rights to acquire securities, according to a regulatory filing. The investors were not disclosed, but New York-based New Science Ventures has previously backed RF Arrays. The SEC form lists as directors Chandra Deshpandey, the company’s CEO; Rupert Prince, the company’s executive vice president of sales and marketing; and Thomas Lavin and Somu Subramaniam of New Science Ventures. An e-mail message to RF Arrays seeking confirmation of the financing was not immediately returned.