Shocking Technologies, Inc., San Jose, CA-based company that develops materials that protect electronic components from harmful electrostatic discharge (ESD), has closed an $8m B-1 financing round led by Vista Ventures.
Participants in the round included existing institutional shareholders Arch Ventures, ATA ventures, Balch Hill Capital, Vista Ventures and SkyLake Incuvest & Co. of Korea.
The company, which has been able to demonstrate successful implementations in cell phones, flash drives and LED’s will use the funds to bring its product to market, especially in Korea.
Projects are also underway in Semiconductor packaging and other handheld consumer devices.Ā
FinSMEsĀ
01/03/2010