Tech Company Financing Transactions
Nitronex Funding Round
Nitronex, based in Durham, received $11.3 million in funding from Alliance Technology Ventures, TPG Capital and VantagePoint Capital Partners.
Transaction Overview
Company Name
Announced On
7/22/2003
Transaction Type
Venture Equity
Amount
$11,300,000
Round
Series C
Investors
Proceeds Purpose
Nitronex will use the funds to support the product development and launch of its SIGANTIC" (GaN-on-Silicon) RF power transistor family for use in wireless base station power amplifiers. Nitronex expects its first product, a 20-Watt device slated for release by year end, to challenge the incumbent Silicon LDMOS technology.
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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