Powervation Secures Funding From Braemar Energy Ventures

Powervation, a provider of integrated circuit system-on-chip solutions for energy control and management in information processing systems, has secured new funding from Braemar Energy Ventures.

Braemar joins existing investors, SEP, Intel Capital, VentureTech Alliance and 4th Level Ventures.

The funds will be used to support Powervation's continued growth.

In conjunction with the funding, Jiong Ma, Ph.D., principal of Braemar Energy Ventures, will join company's Board of Directors.

Powervation has corporate offices in Limerick, Ireland, Mountain View, Calif. and Taipei, Taiwan.

FinSMEs

16/11/2009