Neoconix, maker of circuit board interconnects, raises $16M

July 16, 2007 | Matt Marshall

Neoconix, a provider of electrical interconnects for circuit boards that allows circuit boards to become smaller, has raised $16 million in a third round of financing.

The round was led by VentureTech Alliance, and included existing backers J.P. Morgan Partners, Venrock Associates, U.S. Venture Partners and Walden International.

The company has raised $39 million in venture backing since 2003. VentureWire (subscription required) first reported the news this morning.

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Tags: deal

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.