Transphorm Calls Up $35M

Transphorm Inc., a developer of power conversion technology, has closed $35 million in Series E financing led by Innovation Network Corporation of Japan and Nihon Inter Electronics Company. Existing venture investors Kleiner Perkins Caufield & Byers, Foundation Capital, Google Ventures, Quantum Strategic Partners, Lux Capital, and Bright Capital also participated. The company, which is a public-private partnership between the Japanese government and corporations including Toshiba and General Electric, has now raised a total of $104 million.

1 October 2012•4 mins read
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