Tech Company Financing Transactions
Cymbet Funding Round
Cymbet, based in Elk River, received $20 million in investment from Island Shore Investments and private investors.
Transaction Overview
Company Name
Announced On
4/18/2013
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Island Shore Investments (Lead Investor)
Proceeds Purpose
Cymbet will use this investment to significantly expand sales, marketing and technical support resources in Asia and Europe.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
18326 Joplin St. Northwest
Elk River, MN 55330
USA
Elk River, MN 55330
USA
Phone
Website
Email Address
Overview
Cymbet is a privately held technology company who specializes in thin film, solid state batteries for microelectronic systems. We also are a lead producer of thin film energy storage solutions and power management.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Monte Johnson
Chief Technical Officer
Steve Downey
VP - Customer Service
Jeffrey Sather
VP - Engineering
Morgan Thoma
VP - Operations
James Iannucci
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