Shocking Technologies raises $4M venture debt for surge protection

Shocking Technologies is a San Jose, Calif. company that has developed a dielectric material that can be printed onto circuit boards and semiconductors to protect them from electrostatic discharges.

Electronic devices have historically been vulnerable to unexpected electrical discharges. The company says its thin polymer could be installed in devices like mobile phones and computers.

The $4 million venture debt financing was provided by Hercules Technology Growth Capital (NASDAQ: HTGC), a publicly-traded investment vehicle. Shocking Technologies previously took $7 million in venture capital from Arch Venture Partners and ATA Ventures.

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