Tech Company Financing Transactions

Open Silicon Funding Round

Norwest Venture Partners and Sequoia Capital joined a $8.5 million Series A funding round for Open Silicon. The funding round closed on 6/30/2003.

Transaction Overview

Company Name
Open Silicon
Announced On
6/30/2003
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Series A
Investors

Norwest Venture Partners (Lead Investor) (Promod Haque)

Sequoia Capital (Lead Investor) (Pierre Lamond)

Proceeds Purpose
Net proceeds from all investments support continued research and development efforts and augment sales and marketing channels in North America and other strategic geographic locations.

Company Information

Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
490 N. McCarthy Blvd. 220
Milpitas, CA 95035
USA
Phone
(408) 240-5700
Website
www.open-silicon.com
Email Address
[email protected]
Overview
Open-Silicon is a fabless ASIC company that was founded to bring cost-effectiveness, predictability, and reliability back to the ASIC market. Our OpenMODEL provides a seamless, low-cost, low risk alternative to traditional models for complex ASIC design, development and production.
Profile
Open Silicon LinkedIn Company Profile
Social Media
Open Silicon Company Twitter Account
Company News
Open Silicon News
Facebook
Open Silicon on Facebook
YouTube
Open Silicon on YouTube

Management Team

Title
Name
Email & Social
President
Taher Madraswala
  Taher Madraswala LinkedIn Profile  Taher Madraswala Twitter Account  Taher Madraswala News  Taher Madraswala on Facebook
VP - Finance
Jay Vyas
  Jay Vyas LinkedIn Profile  Jay Vyas Twitter Account  Jay Vyas News  Jay Vyas on Facebook
VP - Operations
Hans Bouwmeester
  Hans Bouwmeester LinkedIn Profile  Hans Bouwmeester Twitter Account  Hans Bouwmeester News  Hans Bouwmeester on Facebook
VP - Operations
Asim Salim
  Asim Salim LinkedIn Profile  Asim Salim Twitter Account  Asim Salim News  Asim Salim on Facebook

 

 

Browse more venture capital transactions:

Prev: 6/30/2003: Mirage Networks venture capital transaction
Next: 7/1/2003: Turin Networks venture capital transaction

 

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