Power control company iWatt gets $12.4M
IWatt, a Los Gatos, Calif. company that makes power control products, has taken a fifth round of funding for $12.4 million, led by an unnamed strategic investor.
The products that iWatt makes include AC-DC and DC-AC power supplies, coupled inductors and other power devices, and it sells into markets including semiconductors, telecommunications, and consumer electronics. IWatt’s advertises its devices as being able to reduce power consumption and waste.
The company also recently hired former SigmaTel CEO Ron… Continue Reading
iWatt, power management integrated circuit co., gets $7M debt
IWatt, a Los Gatos power management integrated circuit company, has received $7 million in debt financing from Hercules Technology Growth Capital.
The company is backed with about $26 million from venture firms Horizon Ventures, PTI Ventures, Sigma Partners and VantagePoint Venture Partners.