USA - Shocking Technologies ( http:// ), a specialist developer of Voltage Switchable DielectricTM (VSD) materials used for electrostatic discharge protection of cell phones, LED's, semiconductors, and electronics, has raised $10 million in the second Round of funding led by Vista Ventures.
Other participating investors include ARCH Venture Partners, ATA Ventures, Balch Hill Partners and private investors. Shocking Technologies is pleased to welcome Simon Michael, from Balch Hill Partners, as the newest member to the board of directors.
"Shocking's embedded nano-composite technology solves a problem that has been plaguing the electronics industry for years. It will make design at both the system and chip levelmarcinski easier and more effective," said Jim Hogan of Vista Ventures.
"We have been very fortunate that we've identified a huge problem and have been able to develop our unique patented solution," said Lex Kosowsky, president and chief executive officer at Shocking Technologies. "The coming will allow us to build out our manufacturing Infrastructure and continue our development as we work with our customers to bring our initial products, cell phones and flash drives to market in the coming months."
Other participating investors include ARCH Venture Partners, ATA Ventures, Balch Hill Partners and private investors. Shocking Technologies is pleased to welcome Simon Michael, from Balch Hill Partners, as the newest member to the board of directors.
"Shocking's embedded nano-composite technology solves a problem that has been plaguing the electronics industry for years. It will make design at both the system and chip levelmarcinski easier and more effective," said Jim Hogan of Vista Ventures.
"We have been very fortunate that we've identified a huge problem and have been able to develop our unique patented solution," said Lex Kosowsky, president and chief executive officer at Shocking Technologies. "The coming will allow us to build out our manufacturing Infrastructure and continue our development as we work with our customers to bring our initial products, cell phones and flash drives to market in the coming months."
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