Shocking, a semiconductor material company, raises $7M

April 17, 2007 | Matt Marshall

Shocking Technologies, a San Jose, Calif company that sells voltage switchable dielectric materials to the semiconductor and electronics industries, said it has raised $7 million in a first round of capital.

Here’s the announcement.

The financing round was co-led by ARCH Venture Partners and ATA Ventures, and included others.

From the statement:

Shocking Technologies will use the capital to accelerate deployment of its patented voltage switchable dielectrics technology for several applications including electrostatic discharge protection of semiconductor chips, printed circuit boards and metal patterning of small features on dielectric for many electronic applications. These areas have become major technical issues identified in the ITRS Roadmap for the electronics industry as chips and circuits continue to shrink in size. Shocking Technologies will help reduce the cost, size, and time-to-market of consumer electronics and increase their reliability.

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About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.