Powervation Obtains $10,000,000 New Funding Round

  • Feed Type
  • Date
    7/29/2009
  • Company Name
    Powervation
  • Mailing Address
    495 N Whisman Rd Mountain View, CA 94043
  • Company Description
    Powervation provides a new class of Auto-control™ digital power IC solutions that optimize power-supply performance and efficiencies for manufacturers of electronic systems used in Computing, NetComms, storage and other applications. In a simple yet revolutionary Plug-and-Power™ package, the company’s technology delivers a reliable, scalable solution that reduces design complexity and cost, and accelerates time-to-market of eco power-smart devices.
  • Website
    http://www.powervation.com/
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Powervation said the new funding will go towards sales, marketing, operations, and R&D.
  • M&A Terms
  • Venture Investor
    Gatsby Science Enhancement Programme
  • Venture Investor
    Intel Capital
  • Venture Investor
    Fourth Level Ventures
  • Venture Investor
    VentureTech Alliance

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