PlanarMag secures $4M for electromagnetic components

PlanarMag, a West Sacramento, Calif.-based seller of electromagnetic components, has brought in $4 million in equity and securities, reports VentureWire. In the past, it raised $1.5 million in seed funding from American River Ventures.

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Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.

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