Join Hands to Build a Smarter India: Sign in | Join now

Pixelligent raises $2 Million in equity financing

By SiliconIndia  |   Monday, 01 June 2009, 04:26 Hrs
Print Email
Bangalore: Pixelligent Technologies has closed $2 million in new equity financing round led by local angel investors, a renowned coast-based tech entrepreneur and the company's management team. The proceeds raised were predominantly for the company's reorganization and for funding current development initiatives and the government programs.

Pixelligent is coming up with innovative applications in optical lithography and nanocomposites for the semiconductor and the micro-electronics markets.

Craig Bandes, CEO of Pixelligent Technologies said, "To raise capital for a development stage company in the current economic environment is a true testament to the tremendous potential and importance of our technology." Pixelligent has always been an emerging leader in developing applications for nanotechnology.

"This funding, in combination with the support we have received from federal grant programs, has enabled us to support our world class nanotechnology team and move our technology closer to the market ," said Greg Cooper, President of Pixelligent.

With an aim of bringing in more developments, Pixelligent, an award winning development stage nanotechnology company, plans to expand the nanotechnology into other related fields.

Experts on SiliconIndia
Pradeep  Kar
Gaurav  Taneja
Ashish  Abrol
Harsad  Daswani
The Beach
Vilas  Bhalerao
Sr. Manager
RDC Concrete (India)
Praveen  Bsp
Hardware Engineer
Ranjit Singh Thind
English Trainer
Write your comment now
SiliconIndia About Us   |   Contact Us   |   Help   |   Community rules   |   Advertise with us   |   Sitemap   |  
News:       Technology   |   Enterprise   |   Gadgets   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Newsletter   |   News archive  
Cities:        CEO   |     Startup   |   Mobile   |   CIO   |   Women   |   BI   |   HR   |   SME   |   Cloud   |   Marketing   |   QA   |   Java   |   Web Developer  
Community:      Members   |   Blogs   |   Indian Entrepreneurs   |   Gyan   |   Advice   |   Community   |   Find   |   CXO Insights  
Job Board:      Jobs   |   Freshers   |   Companies   |   HR Speak   |   Forum  
Online Courses:   Web Developer   |   Java Developer   |   CCNA Training   |   SEO   |   SAS   |   SQL Server 2005   |   J2EE
Education:   MBA   |   MCA   |   Engineering   |   Training Institute
Life:          Real Estate   |   Travel   |   Finance   |   Gadgets   |   Movie Reviews   |    Jokes  
Send your feedback and help us continue to improve SiliconIndia
© 2014 InfoConnect Web Technologies India Pvt Ltd. all rights reserved