Interconnect startup scores $32M in funds

June 14, 2006 – NanoNexus, San Jose, CA, a developer of semiconductor interconnect technology, has secured $32 million in an oversubscribed Series A round of financing, led by Crosslink Capital, with participation from Cypress Semiconductor and existing investors Rustic Canyon Partners, Idanta Partners, and 2M Technology Investors. The funds will be used to ramp to volume production, including conversion to a larger substrate to enable customers to test more products/touchdown.

NanoNexus makes contact and interconnect products utilizing a self-assembled MEMS architecture, which it claims enables improved performance, lower cost, better scalability, and reduced cycle times compared with other advanced probe card technologies. The company, which claims 74 patents issued or pending, has raised about $70 million in total VC funding to date.

POST A COMMENT

Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

LIVE NEWS FEED

NEW PRODUCTS

Versatile high throughput SEM from JEOL
11/04/2015JEOL's new JSM-IT100 is the latest addition to its InTouchScope Series of Scanning Electron Microscopes....
Versatile high throughput SEM from JEOL
11/04/2015JEOL's new JSM-IT100 is the latest addition to its InTouchScope Series of Scanning Electron Microscopes....
Greenpeak and Dusan Launch Smart Parking system
09/14/2015GreenPeak Technologies and Dusun Electron Ltd recently announced a partnership with the launch of their first Smart City assisted parking application tha...