Wednesday, February 1, 2012

Cambrios Gets $5M, New CEO

Sunnyvale-based Cambrios, a developer of nanotech materials for the electronics market, said Tuesday that it has raised $5M in a strategic, Series D-3 financing round. The round came from Samsung Venture Investment Corporation. The firm also said it has named John LeMoncheck as its new CEO. LeMoncheck was previously President and CEO of SiBeam. Cambrios develops materials used for creating transparent conductors on glass and plastic. More information »