|
Home |
Business News |
Browse by Publication |
P |
PR Newswire
|
TimeSys Closes $15.5 Million in Venture Round Led by Adams Capital Management, With Participation from The Hillman Company, Sun Microsystems, Inc., Philips Electronics and Nissin Systems; Pioneer of Real-Time Embedded Linux Technology Prepares for Rapid Growth And Market Leadership.
Publication:
PR Newswire
Publication Date: 11-MAR-02 |
Format: Online - approximately 900 words
Delivery: Immediate Online Access |
|
|
|
|
Article Excerpt
PITTSBURGH -- TimeSys Corporation today announced that it has secured $15.5 Million in equity financing. Adams Capital Management led the round with participation from The Hillman Company, Sun Microsystems , Philips Electronics, a division of Royal Philips Electronics , and Nissin Systems. Larry Weidman, TimeSys' CEO also participated in the round with a personal investment. Funds from these strategic investors and two leading national venture capital firms provide TimeSys with the capital necessary to execute its aggressive product strategy and bring the technology it pioneered into the marketplace. "With a significant round of funding from these strategic investors, we're about to make our revolutionary products more relevant and widely available," said TimeSys CEO Larry Weidman.
Design and analysis tools for Embedded Linux and Java(TM) are in greater demand within telecommunications, automotive and aerospace, industrial/process...
|
|
Read the FULL article now -
Try Goliath Business News - FREE!
You can view this article PLUS...
-
Over 5 million business articles
-
Hundreds of the most trusted magazines, newswires, and journals
(see list)
-
Premium business information that is timely and relevant
-
Unlimited Access
|
Now for a Limited Time, try Goliath Business News - Free for 3 Days!
|
|
|
|
|
 |
|
More articles from PR Newswire
American Adds Flights From Los Angeles as It Gears Up for the Summer T..., March 11, 2002
Frost & Sullivan Names Hypercom 'Company of the Year' for Its Global L..., March 11, 2002
Introgen to Present at SG Cowen 22nd Annual Health Care Conference., March 11, 2002
Medical College of Wisconsin Invests $1 Million in Compaq Supercomputi..., March 11, 2002
Newfield Exploration Announces Gulf of Mexico Discoveries., March 11, 2002
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
|
|
