Five Star Technologies announces $7.1 million funding

Dec. 5, 2006 — Five Star Technologies of Cleveland has closed an investment round of $7.1 million dollars led by Morgenthaler Ventures. Other investors include CTTV Investments (ChevronTexaco), Early Stage Partners, Industrial Technology Ventures, and Reservoir Venture Partners.

Five Star Technologies is a supplier of high-performance inks and dispersions for use in electronics packaging and assembly operations. Using its patented Particle Management Technology, Five Star creates precision products that are intended to fill a missing link in the assembly of high-performance electronic components. Five Star dispersions of conductive, sub-micron and nanoscale particles offer stability and uniformity to help customers improve electrical and thermal performance.

Morgenthaler, CTTV Investments, Early Stage Partners, and Industrial Technology Ventures invested in the company in previous financings. Reservoir Venture Partners is a new investor.

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