Tuesday, November 17, 2009

Powervation Gets New Funding

Mountain View-based Powervation, a developer of systems-on-a-chip for energy control and management, said Monday that it has secured new funding from Braemer Energy Ventures. Amount of the funding was not disclosed. Braemer Principal Jiong Ma joins the company's board along with the funding. Powervation said that prior investors SEP, Intel Capital, VentureTech Alliance, and 4th Level Ventures also participated. More information »