FLX Micro nabs new funding

Nov. 3, 2003 — FLX Micro has closed on an additional, but undisclosed, amount of venture financing.


Andrea Leppart, FLX’s vice president of business development, said the Solon, Ohio-based developer of MEMS sensors is not disclosing the amount because it doesn’t like to make balance sheets public. Participating investors include Reservoir Venture Partners, Waypoint Venture Partners, The Entrepreneurs Fund and prior investor Ohio Innovation Fund.


The company said in a written statement that the funds would be used to expand commercialization of silicon carbide micromachining developed at Case Western Reserve University by adding a MEMS fabrication facility. The company also plans to add product engineers.


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Your email address will not be published.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 *


Introducing Semiconductor Digest
04/30/2019Semiconductor Digest is a new magazine dedicated to the worldwide semiconductor industry...
KLA-Tencor announces new defect inspection systems
07/12/2018KLA-Tencor Corporation announced two new defect inspection products at SEMICON West this week, addressing two key challenges in tool and process monit...
3D-Micromac unveils laser-based high-volume sample preparation solution for semiconductor failure analysis
07/09/2018microPREP 2.0 provides order of magnitude time and cost savings compared to traditional sample...