Goleta California based Transphorm is raising $15,000,000.00 in New Equity Investment.
Goleta, CA – According to filings with the U.S. Securities and Exchange Commission, Transphorm is raising $15,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Mario Rivas 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 Transphorm
Transphorm is a global semiconductor company, leading the GaN Revolution with the highest performance, highest reliability GaN devices for high voltage power conversion applications. To ensure this, Transphorm deploys its unique vertically-integrated business approach that leverages the industry’s most experienced GaN engineering team at every development stage: design, fabrication, device and application support. This approach, backed by one of the industry’s largest IP portfolios with over 1000 patents, has yielded the industry’s only JEDEC- and AEC-Q101-qualified GaN FETs. Transphorm’s innovations are moving power electronics beyond the limitations of silicon to achieve over 99% efficiency, 40% more power density and 20% lower system cost.
To learn more about Transphorm, visit http://www.transphormusa.com/
Contact:
Mario Rivas, Chief Executive Officer
805-456-1300
https://www.linkedin.com/in/mario-rivas-770a4/
SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved