Thursday, January 10, 2008

Shocking Technologies Gets $4M In Venture Debt

San Jose-based Shocking Technologies, a firm which is developing voltage switchable dielectric materials, has raised $4M in a venture debt round, according to Hercules Technology Growth Capital. HTGC, which provided the funding, said that the debt round close on December 20th. Shocking Technologies is backed by Arch Venture Partners and ATA Ventures; the firm had raised a Series A funding in April of 2007 worth $7.0M. More information »