Processing .....please wait.. 
The article has been forwarded.... 
Atrua Technologies announces new funding
By siliconindia
|
Monday, 02 March 2009, 21:30 IST
Campbell: Atrua Technologies, a provider of Intelligent Touch Controls for mobile devices, announced that the company has completed a new round of funding to fuel its aggressive growth plans. The round was led by Blue Run Ventures, Atrua's existing lead investor, and a new outside investor, DKP Group, was added.
The new funds will help Atrua expand its already established presence in China, providing additional capability to address the market for phones designed and manufactured in China and Taiwan. The funds will also enable the company to hire additional engineering resources, increasing its capacity to develop innovative products for mobile and embedded markets worldwide.
Atrua's touch control solutions, including its Made-for-Mobile fingerprint touch control, are ideal for mobile and embedded applications and have now been designed into over 55 mobile phones worldwide, including publicly released phones from Toshiba, Lenovo, Sagem or Porsche Design, Ningbo Bird, Kyocera, and Sharp.
In conjunction with the new investment, Atrua has appointed Carson Zhou as CEO to spearhead the company's next phase of growth. Zhou brings over twenty years of experience in engineering, marketing, and sales - including senior management roles with semiconductor companies including AT&T/Lucent Microelectronics/Agere and Texas Instruments.
Most recently, Zhou served as executive vice president of sales at Spreadtrum Communications, where in just three years he helped the company grow its revenue by over tenfold and achieve a successful NASDAQ IPO in 2007.
Anthony Gioeli has stepped down as CEO to pursue other interests, but will continue to serve the company in an advisory role. Gioeli led the company to its current leadership position in the mobile phone market segment, with Atrua's solution being selected for over eighty percent of the production fingerprint phones announced in 2007 and 2008.
