Tech Company Financing Transactions

GaN Systems Funding Round

GaN Systems secured a $20 million venture capital round on 5/7/2015. Backers included Cycle Capital, BDC Venture Capital and Chrysalix Energy Venture Capital.

Transaction Overview

Company Name
GaN Systems
Announced On
5/7/2015
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors

Cycle Capital (Lead Investor) (Claude Vachet)

BDC Venture Capital (Matt Roberts)

Chrysalix Energy Venture Capital (Michael Sherman)

RockPort Capital (Daniel Hullah)

Tsing Capital (Michael Li)

Proceeds Purpose
As GaN Systems' customers launch multiple consumer and enterprise products designed with its gallium nitride (GaN) transistors, this financing will enable the company to ramp up sales and marketing support for its rapidly growing international customer base and to continue manufacturing line expansion.

Company Information

Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
2723 South State St. 150
Ann Arbor, MI 48104
USA
Phone
Undisclosed
Website
www.gansystems.com
Email Address
Not Recorded
Overview
GaN Systems offers a range of Gallium Nitride high power switching diodes and transistors for clean tech power conversion applications.
Profile
GaN Systems LinkedIn Company Profile
Social Media
GaN Systems Company Twitter Account
Company News
GaN Systems News
Facebook
GaN Systems on Facebook
YouTube
GaN Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jim Witham
  Jim Witham LinkedIn Profile  Jim Witham Twitter Account  Jim Witham News  Jim Witham on Facebook
VP - Engineering
Douglas Lange
  Douglas Lange LinkedIn Profile  Douglas Lange Twitter Account  Douglas Lange News  Douglas Lange on Facebook
VP - Marketing
Paul Wiener
  Paul Wiener LinkedIn Profile  Paul Wiener Twitter Account  Paul Wiener News  Paul Wiener on Facebook
VP - Operations
Stephen Coates
  Stephen Coates LinkedIn Profile  Stephen Coates Twitter Account  Stephen Coates News  Stephen Coates on Facebook
VP - Sales
Larry Spaziani
  Larry Spaziani LinkedIn Profile  Larry Spaziani Twitter Account  Larry Spaziani News  Larry Spaziani on Facebook

 

 

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Prev: 5/7/2015: Cricket's Circle venture capital transaction
Next: 5/7/2015: Robinhood venture capital transaction

 

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About Database of VC Transactions

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