Tech Company Financing Transactions

Quorum Systems Funding Round

On 5/25/2005, Quorum Systems raised $15 million in financing from Greylock Partners, Enterprise Partners Venture Capital and Kleiner Perkins Caufield & Byers.

Transaction Overview

Company Name
Announced On
5/25/2005
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Proceeds Purpose
This additional funding, raised in the Series B, will be used to strengthen ongoing sales and marketing efforts and drive the convergence market from a semiconductor technology aspect as well as to take the QS2000 into full production.

Company Information

Company Status
Acquired or Merged
Industry
Wireless
Mailing Address
9330 Scranton Road 450
San Diego, CA 92121
USA
Email Address
Not Recorded
Overview
Quorum Systems has been developing world-class CMOS low-power, high-integration Cellular Transceivers since 2003. Today, Quorum's transceiver product range includes attractive solutions for 2G, 2.5G and 3G offering designers of mobile handsets and pico/femto-cell basestations the ability to differentiate their products.
Profile
Quorum Systems LinkedIn Company Profile
Social Media
Quorum Systems Company Twitter Account
Company News
Quorum Systems News
Facebook
Quorum Systems on Facebook
YouTube
Quorum Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Bernard Xavier
  Bernard Xavier LinkedIn Profile  Bernard Xavier Twitter Account  Bernard Xavier News  Bernard Xavier on Facebook
Chief Technical Officer
Lon Christensen
  Lon  Christensen LinkedIn Profile  Lon  Christensen Twitter Account  Lon  Christensen News  Lon  Christensen on Facebook
VP - Bus. Development
James Benefer
  James Benefer LinkedIn Profile  James Benefer Twitter Account  James Benefer News  James Benefer on Facebook


 

 

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Prev: 5/25/2005: Nanosys venture capital transaction
Next: 5/25/2005: Cylene Pharmaceuticals venture capital transaction

 

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We do our best to report on funding rounds that are announced publicly. All VC database entries reported here come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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