Tech Company Financing Transactions
Vorago Technologies Funding Round
Vorago Technologies, based in Austin, scored $10 million in funding from New Science Ventures and private investors.
Transaction Overview
Company Name
Announced On
9/2/2015
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
New Science Ventures (Lead Investor) (Vivek Mohindra)
Proceeds Purpose
This investment will be used to fuel organic growth, and fund new product and technology development, expanding VORAGO's microcontroller portfolio and its technology-licensing platform. In conjunction with the recent unveiling of a new corporate name and tag line "opening up new possibilities," this latest round of funding marks the company's strategic expansion in which it adds extreme heat-hardened solutions to its patented radiation-hardened semiconductor solutions.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
1501 S. Mopac Expy. 350
Austin, TX 78746
USA
Austin, TX 78746
USA
Phone
Undisclosed
Website
Email Address
Overview
Vorago is a provider of radiation-hardened and extreme temperature-hardened IC components for the Hi-rel marketplace. Vorago designs and develops high density SRAMs and logic ICs using its patented HARDSIL technology to simultaneously provide superior radiation and temperature endurance performance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bernd Lienhard
Chief Technical Officer
Patrice Parris
VP - Engineering
David Gifford
VP - Operations
Garry Nash
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Next: 9/2/2015: NewsCred venture capital transaction
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