Monday, September 3, 2007

Kovio Raises $19.5 Million for Printed Silicon Electronics

Kovio, a start-up based in Sunnyvale, California, raised $19.5 million in the first closing of its Series D funding round. The company is developing a proprietary, printed silicon electronics technology that it says will revolutionize the industry by introducing printed silicon electronics using thin film technology. Product plans have not been disclosed.

The new funding was led by Pinnacle Ventures and included Bessemer Venture Partners, Duff Ackerman & Goodrich Ventures, DEA Capital, Flagship Ventures, Harris & Harris Group, Jerusalem Venture Partners, Kleiner Perkins Caufield & Byers, NCD Investors and Yasuda Enterprise Development.

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