Physware Obtains $6,901,915 New Financing

  • Feed Type
  • Date
    3/28/2011
  • Company Name
    Physware
  • Mailing Address
    600 108th Ave NE Bellevue, WA 98004
  • Company Description
    Physware, Inc. develops high-speed field solutions for signal and power issues in high-frequency package and board-level electrical modeling and design for the microelectronics industry. The company’s patent-pending, physics-aware technology tightly couples analysis and design methods to the underlying Maxwell’s and circuit equations, enabling robustness and efficiency at every step of the design cycle and significantly reducing time to market.
  • Website
    http://www.physware.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,901,915
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. Total Sold includes conversion of existing convertible promissory note principal and interest of $1,888,417; warrants issued in connection with earlier note offering converted into warrants to purchase up to 1,035,321 shares of Series B Pref at $0.3284/sh. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed

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