Tech Company Financing Transactions
ColorChip Funding Round
Vertex Venture Capital, Bessemer Venture Partners and Motorola Solutions Venture Capital joined a $7.4 million funding round for ColorChip. The round closed on 2/20/2007.
Transaction Overview
Company Name
Announced On
2/20/2007
Transaction Type
Venture Equity
Amount
$7,400,000
Round
Undisclosed
Investors
Vertex Venture Capital (Lead Investor) (Moty Ben-Arie)
Proceeds Purpose
According to Moshe Price, CEO of ColorChip, the proceeds will enable the company to move from product qualification phase to mass manufacturing to accommodate the strong FTTH market demands in the U.S, Japan, Asia Pacific and recently Europe. It will be also used for introducing new products targeting additional applications.
Company Information
Company Status
Private & Independent
Industry
Telecom
Mailing Address
P.O. Box 158 New Industrial Park Tavor Building 1
Yokneam, 20692
Israel
Yokneam, 20692
Israel
Phone
Website
Email Address
Overview
ColorChip designs and manufactures optical sub-systems and components for the datacom and telecom markets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Yigal Ezra
Chief Financial Officer
Shai Belzer
VP - R & D
Eli Arad
VP - Sales
Simon Ximen
Browse more venture capital transactions:
Prev: 2/20/2007: Envoy Medical venture capital transaction
Next: 2/20/2007: ScanR venture capital transaction
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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