Albany New York based Pallidus is raising $70,000,000.00 in New Equity Investment.
Albany, NY – According to filings with the U.S. Securities and Exchange Commission, Pallidus is raising $70,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Mark Land played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Pallidus
With our unique technology platform, extensive IP portfolio, high performance wafers, rapid expansion, and strong team, Pallidus offers the premiere silicon carbide solution for power semiconductor and other markets.
To learn more about Pallidus, visit http://pallidus.com/
Contact:
Mark Land, Chief Executive Officer
800-608-1314
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