Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button

Home > Press > Silicon Clocks Raises $8M Financing as Lux Capital Joins Existing Investors Charles River, Formative, and Tallwood

Abstract:
Silicon Clocks, a leader in integrated timing solutions for electronic systems, today announced the completion of an $8M financing. The round includes new investor Lux Capital, an early-stage venture firm focused in MEMS (Micro-Electro-Mechanical Systems) and nanotechnology. Previous investors Charles River Ventures, Formative Ventures and Tallwood Venture Capital also participated in the financing. Josh Wolfe, Managing Partner from Lux Capital, joins Silicon Clocks' Board of Directors as part of the transaction.

Silicon Clocks Raises $8M Financing as Lux Capital Joins Existing Investors Charles River, Formative, and Tallwood

FREMONT, CA | Posted on November 14th, 2007

"Silicon Clocks' innovative MEMS-based IC technology addresses a $4B timing industry that hasn't seen significant innovation in many years," said Josh Wolfe of Lux Capital. "The unique approach delivers new capabilities not possible with traditional quartz or MEMS technologies, and that goes directly towards solving critical customer issues."

"We've always been very proud of having a syndicate of investors with such deep semiconductor experience," said Richard Miller, CEO of Silicon Clocks. "Now with Lux Capital, we're adding another great firm that understands the tremendous impact our innovative silicon technology has on solving real-world problems."

"Timing is fundamental to all electronics. Silicon Clocks provides an industry-changing breakthrough in timing not seen in 20 years," summarized Ron Yara, Tallwood Venture Capital. "Their technology improves performance and reliability while decreasing power, size and overall system costs in all types of electronics products: communications, storage, consumer electronics, and also automotive and medical devices."

####

About Silicon Clocks
Silicon Clocks, a fabless semiconductor company headquartered in Silicon Valley, develops best-in-class integrated timing products utilizing innovative MEMS and IC technologies. Serving a range of electronic systems, including: high speed serial data, wireless communications, and consumer products, Silicon Clocks delivers improvements in performance, reliability and flexibility combined with reductions in power, size, and part count to provide significant system cost savings. For more information, visit http://www.siliconclocks.com .

About Charles River Ventures

Founded in 1970, Charles River Ventures is one of the nation’s oldest and most successful early-stage venture capital firms with approximately $2.1 billion under management. CRV is dedicated to helping exceptional entrepreneurs turn their ideas into the next category leaders in high growth technology and media sectors. Over the past 10 years, CRV funds have been ranked among the industry’s top performers. CRV has offices in Boston, MA and Menlo Park, CA. For more information, visit http://www.crv.com .

About Formative Ventures

Founded in 2000 and based in Menlo Park, Calif., Formative Ventures is a leading early-stage venture capital firm that invests in the industry’s next-generation emerging technologies leaders in areas such as communications, wireless and next-generation Internet solutions. The founders of Formative believe that in today’s tough environment, technology start-ups are looking for investors with “real-world” start-up experience, and in very specific areas such as sales and marketing processes, scaling an organization for revenue or launching a product line. Formative’s partners are experienced, personable executives who have the management depth, industry domain knowledge and a rich network of contacts to help early-stage companies get the market traction they need to become industry leaders. For more information, visit http://www.formative.com .

About Lux Capital

Founded in 2000, Lux Capital Management is a research-driven investment firm focused on de novo, seed and early stage investments in the physical and life sciences. Lux takes an active role in helping entrepreneurs and management teams build successful businesses in high growth sectors. Our investment team has built over 20 companies from scratch. Lux’s investment strategy ensures our portfolio companies are better connected, have deeper insight, and command industry leadership faster than their competitors. For more information, visit http://www.luxcapital.com .

About Tallwood Venture Capital

Tallwood Venture Capital invests exclusively in semiconductor and semiconductor-related technologies and products – and in the passionate entrepreneurs and compelling ideas that promise to create a significant impact on the semiconductor market. By offering deep semiconductor knowledge, direct operating experience and a high degree of availability, Tallwood builds close, active working relationships with its portfolio companies. Tallwood recognizes that semiconductor investments offer unique challenges – challenges that require patience and the support of partners with extensive semiconductor expertise and a commitment to building successful, enduring companies. Tallwood is committed to assisting its entrepreneurs every step of the way, so they can lead their companies for the long term – an approach the firm believes creates stronger, more successful businesses. For more information, visit http://www.tallwoodvc.com .

For more information, please click here

Contacts:
Silicon Clocks
Andrew McCraith
510-742-5625

Copyright © Business Wire 2007

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

Carbodeon Ltd Oy Closes EUR 1.5 million Funding Round From Straightforward Capital: Carbodeon will accelerate its nanodiamonds business and expand manufacturing capacity August 21st, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

Harris & Harris Group to Host a Shareholder Update Call, Including a Presentation by One of Its Precision Health and Medicine Portfolio Companies, Muses Labs, Inc., on August 23, 2016 August 16th, 2016

NanoLabNL boosts quality of research facilities as Dutch Toekomstfonds invests firmly June 10th, 2016

MEMS

STMicroelectronics Earns MEMS Manufacturer of the Year Award August 1st, 2016

Integration of novel materials with silicon chips makes new 'smart' devices possible July 25th, 2016

New research unveils graphene 'moth eyes' to power future smart technologies: New ultra-thin, patterned graphene sheets will be essential in designing future technologies such as 'smart wallpaper' and Internet-of-things applications March 1st, 2016

Vesper Collaborates with GLOBALFOUNDRIES to Deliver First Piezoelectric MEMS Microphones: Acoustic sensing company works with top foundry to support mass-market consumer products January 21st, 2016

Chip Technology

New theory could lead to new generation of energy friendly optoelectronics: Researchers at Queen's University Belfast and ETH Zurich, Switzerland, have created a new theoretical framework which could help physicists and device engineers design better optoelectronics August 23rd, 2016

Down to the wire: ONR researchers and new bacteria August 18th, 2016

Hexagonal boron nitride semiconductors enable cost-effective detection of neutron signals: Texas Tech University researchers demonstrate hexagonal boron nitride semiconductors as a cost-effective alternative for inspecting overseas cargo containers entering US ports August 17th, 2016

Enhanced electron doping on iron superconductors discovered: IBS Centre for Correlated Electron Systems revises existing theories by raising the temperature for superconductivity August 17th, 2016

Announcements

New theory could lead to new generation of energy friendly optoelectronics: Researchers at Queen's University Belfast and ETH Zurich, Switzerland, have created a new theoretical framework which could help physicists and device engineers design better optoelectronics August 23rd, 2016

New flexible material can make any window 'smart' August 23rd, 2016

University of Puerto Rico and NASA back in the news – XEI reports August 23rd, 2016

Nanoparticles that speed blood clotting may someday save lives August 23rd, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic