Tech Company Financing Transactions
Nitronex Funding Round
On 6/19/2006, Nitronex raised $21.8 million in funding from Alloy Ventures, Arch Venture Partners and Diamondhead Ventures.
Transaction Overview
Company Name
Announced On
6/19/2006
Transaction Type
Venture Equity
Amount
$21,800,000
Round
Undisclosed
Investors
Alloy Ventures (Lead Investor) (John Shoch)
Intersouth Partners (Kip Frey)
Proceeds Purpose
The company plans to use this capital to complete the development and expand manufacturing of several new products; accelerate hiring in operations, engineering, sales and marketing and finance; expand into new global markets; and take advantage of emerging opportunities in cellular, WiMax, broadband and more.
Company Information
Company Status
Acquired or Merged
Industry
Wireless
Mailing Address
2305 Presidential Drive
Durham, NC 27703
USA
Durham, NC 27703
USA
Phone
Website
Email Address
Overview
Nitronex is a privately held developer and manufacturer of advanced RF power transistors for use in wireless communications networks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Greg Baker
VP - Engineering
David Runton
VP - Finance
Jim DeVivo
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