Vorago Technologies Lands $10,000,000 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d7d75fb5-981e-4e52-98c5-19beec86d97e - Date
9/2/2015 - Company Name
Vorago Technologies - Mailing Address
2028 E. Ben White Blvd. Austin, TX 78741 USA - Company Description
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. - Website
http://www.siliconspacetech.com - Transaction Type
Venture Equity - Transaction Amount
$10,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
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. - M&A Terms
- Venture Investor
New Science Ventures - Venture Investor
Undisclosed
