Vorago Technologies Lands $10,000,000 New Financing

  • Feed Type
  • Date
    9/2/2015
  • Company Name
    Vorago Technologies
  • Mailing Address
    2028 E. Ben White Blvd. Austin, TX 78741 USA
  • Company Description
    Vorago is a provider of radiation-hardened and extreme temperature-hardened IC components for the Hi-rel marketplace. Vorago designs and develops high density SRAMs and logic ICs using its patented HARDSIL technology to simultaneously provide superior radiation and temperature endurance performance.
  • Website
    http://www.siliconspacetech.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This investment will be used to fuel organic growth, and fund new product and technology development, expanding VORAGO’s microcontroller portfolio and its technology-licensing platform. In conjunction with the recent unveiling of a new corporate name and tag line “opening up new possibilities,” this latest round of funding marks the company’s strategic expansion in which it adds extreme heat-hardened solutions to its patented radiation-hardened semiconductor solutions.
  • M&A Terms
  • Venture Investor
    New Science Ventures
  • Venture Investor
    Undisclosed

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