Tech Company Financing Transactions
Powervation Funding Round
Powervation closed a $7 million financing round on 12/22/2014. Investors included 4th Level Ventures, Ares Capital and Braemar Energy Ventures.
Transaction Overview
Company Name
Announced On
12/22/2014
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding will be used to scale the business in response to strong adoption of the Company's Intelligent Digital Power IC products in the cloud server, high performance computing, communications, and power supply markets. The funding round will also enable the company to accelerate the development and deployment of its new digital controllers with industry leading xTune intelligent auto-tuning technology, and ITM intelligent, fast transient technology for multi-rail, multi-phase and integrated point of load (POL) applications.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
2665 North 1st St. 206
San Jose, CA 95134
USA
San Jose, CA 95134
USA
Phone
Website
Email Address
Overview
Powervation provides a new class of Auto-control digital power IC solutions that optimize power-supply performance and efficiencies for manufacturers of electronic systems used in Computing, NetComms, storage and other applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mike McAuliffe
Chief Financial Officer
Rick Santos
VP - Engineering
John Ryan
VP - Finance
Frank Cassidy
VP - Marketing
David New
Browse more venture capital transactions:
Prev: 12/22/2014: Sympara Medical venture capital transaction
Next: 12/22/2014: Aplicor venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on every notable VC transaction. VC transactions on this site are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs