Tech Company Financing Transactions
SemiSouth Laboratories Funding Round
On 10/22/2010, SemiSouth Laboratories secured $30 million in investment from Power Integrations.
Transaction Overview
Company Name
Announced On
10/22/2010
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Power Integrations (Balu Balakrishnan)
Proceeds Purpose
Power Integrations' commitment of $30 million, which includes an equity investment in SemiSouth, a technology license and other financial commitments, will help drive the continued expansion of SemiSouth's SiC fabrication facility and spur continued growth of clean-tech jobs in Mississippi.
Company Information
Company Status
Out of Business
Industry
Semiconductors
Mailing Address
201 Research Blvd.
Starkville, MS 39759
USA
Starkville, MS 39759
USA
Phone
Website
Email Address
Overview
SemiSouth is a silicon carbide (SiC) based semiconductor company specializing in SiC materials and electrical components for high-power, high-efficiency, harsh-environment power management and conversion applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Financial Officer
Robert Maddox
Chief Technical Officer
Jeffrey Casady
VP - Engineering
Kevin Matocha
VP - Human Resources
Michele Grissett
VP - Operations
Janna Casady
VP - Operations
Tom Moon
VP - Sales
Dieter Liesabeths
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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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