Home | Business News | Browse by Publication | B | Business Wire

$20 Million Series B Round Closed by Artificial Muscle, Inc.

Publication: Business Wire
Publication Date: 06-JUN-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Proven Executive Appointed as Chief Operating Officer

MENLO PARK, Calif. -- Artificial Muscle, Inc., (AMI) a manufacturer that designs and builds actuator components based on its patented electroactive polymer artificial muscle (EPAM[TM]) technology, today announced a $20 million Series B round of financing. AMI will use the funds for ramping up its high volume manufacturing and operations, new product development, and marketing and sales resources to support the plan for initial product launches.

The round was led by the venture capital division...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Business Wire
RMI's Alchemy Au1200 Processor Chosen by Auto Infotainment Leader E-Le..., June 06, 2007
Analyze the Market Demand for Passive and Electromechanical Components..., June 06, 2007
Harrah's Horseshoe Council Bluffs and Kinseth Hospitality Group Announ..., June 06, 2007
CEMEX Confirms That It Will Terminate Withdrawal Rights When Its Offer..., June 06, 2007
Starent Networks Prices Initial Public Offering., June 06, 2007

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.