Posted on: November 21, 2012 by mboslet
Crossbar has raised $20.59 million, according to a filing with the Securities and Exchange Commission. The memory chip maker, which has backing from Kleiner Perkins Caufield & Byers, Artiman Ventures, Northern Light Venture Capital and the University of Michigan, had set out to raise $21 million, the filing said. Another $445,000 of equity remains to be sold.
Tags: Artiman Ventures, Crossbar, Kleiner Perkins Caufield & Byers, Northern Lights Ventures, University of Michigan
Posted on: September 1, 2010 by Eamon
University of Michigan’s Frankel Commercialization Fund provided an initial investment to Ambiq Micro, which is developing microcontroller. The amount invested was not disclosed. Frankel Commercialization Fund is a student-led pre-seed investment vehicle. Ambiq Micro won a $250,000 prize in July from Draper Fisher Jurvetson and Cisco’s co-sponsored Global Business Plan Competition for university and business school students.
Tags: Ambig Micro, University of Michigan