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.