Tech Company Financing Transactions

Phononic Devices Funding Round

Phononic Devices, based in Durham, scored $10 million in funding from Oak Investment Partners and Venrock.

Transaction Overview

Company Name
Announced On
2/23/2011
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors

Oak Investment Partners (Lead Investor)

Venrock (Lead Investor)

Proceeds Purpose
Phononic Devices will utilize Series B funds to: commercialize high efficiency thermoelectric modules, expand its team of world-class materials science and compound semiconductor device engineers, and add rapid prototype capacity to leverage the Company's proprietary materials and manufacturing-friendly semiconductor processes.

Company Information

Company Status
Private & Independent
Industry
Electronics
Mailing Address
801 Capitola Dr.
Durham, NC 27713
USA
Email Address
Overview
Phononic Devices is commercializing advanced thermoelectric materials and device concepts exclusively licensed from the University of Oklahoma designed to dramatically improve the efficiency of heat-to-electric energy conversion, and conversely, efficient use of electricity for cooling and refrigeration.
Profile
Phononic Devices LinkedIn Company Profile
Social Media
Phononic Devices Company Twitter Account
Company News
Phononic Devices News
Facebook
Phononic Devices on Facebook
YouTube
Phononic Devices on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Anthony Atti
  Anthony Atti LinkedIn Profile  Anthony Atti Twitter Account  Anthony Atti News  Anthony Atti on Facebook
Chief Financial Officer
Jeffrey Yardley
  Jeffrey Yardley LinkedIn Profile  Jeffrey Yardley Twitter Account  Jeffrey Yardley News  Jeffrey Yardley on Facebook
Chief Operating Officer
Jason Ruppert
  Jason Ruppert LinkedIn Profile  Jason Ruppert Twitter Account  Jason Ruppert News  Jason Ruppert on Facebook


 

 

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