Samplify Systems Receives $11,200,000 Series B Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb99ba1f-fdeb-4ccc-8acf-6e60a5bd8472&Preview=1 - Date
3/7/2011 - Company Name
Samplify Systems - Mailing Address
160 Saratoga Avenue Santa Clara, CA 95051 - Company Description
Samplify Systems is a venture-funded Silicon Valley startup that delivers simply the bits that matter in real-world signal processing applications. By bridging the ever-widening gap between faster data converters and the fixed-bandwidth infrastructure that transfers, processes, and stores those samples, Samplify’s patented algorithms and products substantially reduce that gap. Samplify targets embedded applications in the COTS, military, medical imaging, homeland security, ATE, test and measurement, and data acquisition markets. - Website
http://www.samplify.com - Transaction Type
Venture Equity - Transaction Amount
$11,200,000 - Transaction Round
Series B - Proceeds Purposes
The $11.2M of capital enables the company to fund its rapid growth in its existing markets, and offers flexibility to expand into new markets. - M&A Terms
- Venture Investor
Canaan Partners - Venture Investor
Formative Ventures - Venture Investor
Schlumberger
