Frore Systems has filed a notice of an exempt offering of securities to raise $100,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Frore Systems is raising $100,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Seshu Madhavapeddy 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 Frore Systems
Device makers are running into a brick wall, trying to deliver higher performance, that can only be solved by breakthrough flexible micro electromechanical systems (MEMS). Welcome to Frore Systems, where a new generation of disruptive solutions is emerging. An entirely new category of Flexible MEMS solutions. A lot is going to change for device makers. They will be asking, Why didn’t we have this solution before? and established hardware suppliers will be asking, Why didn’t we think of this before? At Frore, were solving the right challenges that will turn the industry on its head.
To learn more about Frore Systems, visit http://www.froresystems.com/
Contact:
Seshu Madhavapeddy, Chief Executive Officer
650-339-7430
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