Tech Company Financing Transactions
Ziptronix Funding Round
Ziptronix, based in Morrisville, raised $17.4 million in funding from Grotech Ventures, Intersouth Partners and Alliance Technology Ventures.
Transaction Overview
Company Name
Announced On
6/3/2003
Transaction Type
Venture Equity
Amount
$17,400,000
Round
Series B
Investors
Grotech Ventures (Lead Investor) (Joseph Zell)
Intersouth Partners (Lead Investor)
Proceeds Purpose
The financing also will allow Ziptronix to expand its production capabilities. Since introducing its ZiROC room temperature, adhesive-free semiconductor bonding technology in mid-2002, demand for Ziptronix's custom-engineered substrates has skyrocketed.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
800 Perimeter Park Drive B
Morrisville, NC 27560
USA
Morrisville, NC 27560
USA
Phone
Website
Email Address
Not Recorded
Overview
Ziptronix was spun out from North Carolina's RTI International for the purpose of commercializing a revolutionary wafer and die bonding technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Donabedian
Chief Technical Officer
Paul Enquist
VP - Administration
Richard Gianni
VP - Bus. Development
Christopher Sanders
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