North America
Potentia Semiconductor Completes US$ 8 million Funding
By Ottawa, Canada
Jul 7, 2005, 14:43

Potentia Semiconductor, the power management company, today announced it has completed a US$ 8 million equity financing.

Funding was provided by VenGrowth Private Equity Partners of Toronto, Ontario, Kodiak Venture Partners of Waltham, Massachusetts, and Teachers' Private Capital, the private equity arm of the Ontario Teachers Pension Plan Board.

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Potentia Semiconductor

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Potentia Semiconductor is transforming the way on-board power system architectures are designed and implemented. Its unique approach comprises 'PowerCenter', a comprehensive design environment for creating and validating custom power system management strategies, and a rapidly expanding portfolio of configurable power subsystem controller ICs. Potentia's business strategy is to supply innovative configurable power management ASSPs to targeted market segments where it can create strategic and differentiated value through a deep understanding and support of customers needs. Privately owned, Potentia Semiconductor is located in Ottawa, Ontario, Canada.