Tech Company Financing Transactions

Asetek Funding Round

On 9/24/2008, Asetek landed $16 million in Series B funding from D. E. Shaw Group and private investors.

Transaction Overview

Company Name
Announced On
9/24/2008
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series B
Investors

D. E. Shaw Group (Lead Investor) (Andre Turenne)

Proceeds Purpose
We will use the additional capital to add sales, marketing and technical resources to enhance our product offerings and expand OEM thermal management products into new markets.

Company Information

Company Status
Private & Independent
Industry
Electronics
Mailing Address
5285 Hellyer Ave. 110
San Jose, CA 95138
USA
Email Address
Overview
Asetek specializes in CPU and GPU liquid cooling for data centers, servers, workstations, gaming and high performance PCs.
Profile
Asetek LinkedIn Company Profile
Social Media
Asetek Company Twitter Account
Company News
Asetek News
Facebook
Asetek on Facebook
YouTube
Asetek on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Andre Eriksen
  Andre Eriksen LinkedIn Profile  Andre Eriksen Twitter Account  Andre Eriksen News  Andre Eriksen on Facebook
Chief Financial Officer
Peter Madsen
  Peter Madsen LinkedIn Profile  Peter Madsen Twitter Account  Peter Madsen News  Peter Madsen on Facebook
VP - Engineering
Ole Madsen
  Ole Madsen LinkedIn Profile  Ole Madsen Twitter Account  Ole Madsen News  Ole Madsen on Facebook
VP - Marketing
Scott Chambers
  Scott Chambers LinkedIn Profile  Scott Chambers Twitter Account  Scott Chambers News  Scott Chambers on Facebook
VP - Operations
Csaba Vesei
  Csaba Vesei LinkedIn Profile  Csaba Vesei Twitter Account  Csaba Vesei News  Csaba Vesei on Facebook
VP - Sales
John Hamill
  John Hamill LinkedIn Profile  John Hamill Twitter Account  John Hamill News  John Hamill on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/23/2008: Recurve venture capital transaction
Next: 9/24/2008: GridPoint venture capital transaction

 

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