VC-Backed Spectra7 Launches Private Placement Offering

Spectra7 Microsystems Inc., a Toronto-based analog semiconductor company that recently established a Toronto Stock Exchange listing ( under the symbol SEV), is seeking to complete a private placement of up to $7 million. The offering is expected to close in June. Spectra7 was founded last year via a merger backed by Canadian venture capital firms. Celtic House Venture Partners led the company's start-up financing in August 2012 with the participation of Edgestone Capital Venture Fund III and Ventures West Capital.

31 May 2013•4 mins read
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