El Segundo, CA – According to filings with the U.S. Securities and Exchange Commission, Navitas Semiconductor is raising $14,999,995.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Gene Sheridan 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 Navitas Semiconductor

Navitas Semiconductor Inc. is the world’s first and only GaN Power IC company, founded in El Segundo, CA, USA in 2013. Navitas has a strong and growing team of power semiconductor industry experts with a combined 200 years of experience in materials, devices, applications, systems and marketing, plus a proven record of innovation with over 200 patents among its founders.

To learn more about Navitas Semiconductor, visit http://www.navitassemi.com/

Contact:
Gene Sheridan, Chief Executive Officer
844-654-2642
gene.sheridan@navitassemi.com
https://www.linkedin.com/in/gene-sheridan-9111644/

SOURCE: http://www.intelligence360.io
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