Tech Company Financing Transactions
Magnolia Broadband Funding Round
Magnolia Broadband closed a $10 million funding round on 9/6/2006. Backers included eCentury Capital, Intel Capital and SCP Partners.
Transaction Overview
Company Name
Announced On
9/6/2006
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Magnolia will leverage its new funding to speed the commercialization of its
DiversityPlus� Technology in both the United States and European marketplaces.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
74 Grand Ave. 2nd Floor
Englewood, NJ 07631
USA
Englewood, NJ 07631
USA
Phone
Website
Email Address
Overview
Magnolia is an innovative developer of semiconductors for the wireless industry and the first company to provide mobile transmit diversity antenna technology, DiversityPlususing a unique RF (Radio Frequency) chipset.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Osmo Hautanen
Chief Technical Officer
Haim Harel
Vice President
Sherwin Wang
VP - Finance
Lorelee Merchak
Browse more venture capital transactions:
Prev: 9/5/2006: Angstrom Power venture capital transaction
Next: 9/6/2006: Laszlo Systems venture capital transaction
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