Asetek Garners $16,000,000 Series B Funding

  • Feed Type
  • Date
    9/24/2008
  • Company Name
    Asetek
  • Mailing Address
    1430 Tully Rd San Jose, CA 95122
  • Company Description
    Asetek is a world leading thermal management solution provider of vapor phase, vapor chamber and liquid cooling solutions. These solutions are designed for OEM integration, servers/datacenters, PC enthusiasts, gamers, and professionals who demands exceptional performance, maximum reliability and low noise. Asetek R&D works with state-of-the-art lab facilities and thermal simulation tools in its design process.
  • Website
    http://www.asetek.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    We will use the additional capital to add sales, marketing and technical resources to enhance our product offerings and expand OEM thermal management products into new markets.
  • M&A Terms
  • Venture Investor
    D. E. Shaw Group
  • Venture Investor
    Undisclosed

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