SiTime Receives $25,000,000 New Funding

  • Feed Type
  • Date
    9/23/2014
  • Company Name
    SiTime
  • Mailing Address
    990 Almanor Avenue Sunnyvale, CA 94085 USA
  • Company Description
    SiTime is a fabless integrated circuit company developing silicon timing, clock, and RF chips, which incorporate Micro Electro Mechanical Systems (MEMS) timing reference devices inside standard silicon electronic chips, eliminating the need for quartz crystals.
  • Website
    http://www.sitime.com
  • Transaction Type
    Debt
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    CapIP is delighted to partner with SiTime to help fuel the company’s next phase of innovation and commercialization which will extend its market leadership position in MEMS-based timing.
  • M&A Terms
  • Venture Investor
  • Venture Investor

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