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General

Valens raises USD 60 mln to boost growth

Thursday 6 April 2017 | 16:51 CET | News
Valens, the developer of HDBaseT and co-founder of the HDBaseT Alliance, secured an additional USD 60 million in capital. The company will use the new funds to fuel its expansion into the automotive industry with its HDBaseT technology. The round was led by Israel Growth Partners (IGP), and includes Delphi, Samsung Catalyst Fund, Goldman Sachs and MediaTek as new investors, in addition to Valens' existing investors.

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Categories: General
Companies: Valens Semiconductor
Countries: World
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