Tech Company Financing Transactions

Semtek Innovative Solutions Funding Round

Semtek Innovative Solutions secured a $6.7 million Series B venture capital round on 10/14/2009. Investors included RRE Ventures, Venrock and VeriFone.

Transaction Overview

Announced On
10/14/2009
Transaction Type
Venture Equity
Amount
$6,700,000
Round
Series B
Investors

RRE Ventures (Richard McGinn)

Venrock (Michael Brooks)

VeriFone (Douglas Bergeron)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Acquired or Merged
Industry
Components
Mailing Address
12777 High Bluff Drive 225
San Diego, CA 92130
USA
Email Address
Overview
Semtek Innovative Technologies Corporation has been a leader in card data capture and magnetics technology since 1999, serving public and private sector customers who require highly secure OEM components for their fixed-base and wireless devices.
Profile
Semtek Innovative Solutions LinkedIn Company Profile
Social Media
Semtek Innovative Solutions Company Twitter Account
Company News
Semtek Innovative Solutions News
Facebook
Semtek Innovative Solutions on Facebook
YouTube
Semtek Innovative Solutions on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Patrick Hazel
  Patrick Hazel LinkedIn Profile  Patrick Hazel Twitter Account  Patrick Hazel News  Patrick Hazel on Facebook
General Manager
Dennis Mos
  Dennis Mos LinkedIn Profile  Dennis Mos Twitter Account  Dennis Mos News  Dennis Mos on Facebook
Vice President
Nashina Asaria
  Nashina Asaria LinkedIn Profile  Nashina Asaria Twitter Account  Nashina Asaria News  Nashina Asaria on Facebook
Vice President
Patrick Farrell
  Patrick Farrell LinkedIn Profile  Patrick Farrell Twitter Account  Patrick Farrell News  Patrick Farrell on Facebook
Vice President
Lance Nakamura
  Lance Nakamura LinkedIn Profile  Lance Nakamura Twitter Account  Lance Nakamura News  Lance Nakamura on Facebook
VP - Bus. Development
Michael Struttmann
  Michael Struttmann LinkedIn Profile  Michael Struttmann Twitter Account  Michael Struttmann News  Michael Struttmann on Facebook
VP - Engineering
Jay Standiford
  Jay Standiford LinkedIn Profile  Jay Standiford Twitter Account  Jay Standiford News  Jay Standiford on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/13/2009: ViVu venture capital transaction
Next: 10/14/2009: Shazam venture capital transaction

 

Share this article

 


About Database of VC Transactions

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary