Quantance Inc., a San Mateo, CA-based manufacturer of power supply for 4G mobile devices, has raised $11m in Series C funding.
Investors include TD Fund, Granite Ventures, InterWest Partners and DoCoMo Capital.
The company intends to use the funds to expand its family of power management products, including ultrafast power supplies for 4G devices, and grow its employee base by at least 50% percent this year.
Led by CEO and co-founder Vikas Vinayak, Quantance has developed patented and field-tested technology designed to enable faster speed, improved performance and better network coverage for consumers of smartphones, tablets and data cards.
The company also has offices in Beaverton, OR and Flagstaff, AZ.
FinSMEs
26/09/2011