Shocking Technologies Got $4 million in debt financing
By admin at January 14, 2008 | 11:22 pm | Print
What Company Is Offering:
Shocking Technologies has created a revolutionary technology that offers several competitive advantages over current discrete devices used, including increased reliability with reduced cost, size and time to market.Shocking Technologies has developed a polymer voltage switch dielectric material. The polymer, less than 25 microns thick, is embedded into Printed Circuit Boards (PCBs) and semiconductor chip packages to protect the device from ESD damage.
How Much They Got From Vcs:
Hercules Technology Growth Capital, the premier specialty finance company providing venture debt and equity to venture capital and private equity backed technology and life science companies at all stages of development, announced that it provided $4 million in debt financing to Shocking Technologies, Inc. The privately-held company is developing various applications for its patented voltage switchable dielectric material technology.
More at:http://www.shockingtech.com/
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Lovely material, Regards.