Tuesday, September 9, 2014

Avogy Finds $40M

San Jose-based Avogy, which is developing Gallium Nitirde (GaN) technology aimed at the power systems and semiconductor area, has raised $40M in a funding round. The funding was led by Intel Capital, and also included Khosla Ventures. Avogy said that Intel's investment was led by Managing Director Ramamurthy Sivakumar and Director Stephen Saltzman. The company will use the funding for further development. Avogy's technology is aimed at More information »