Tuesday, July 15, 2008

NUVENTIX Raises $14M

Austin-based Nuventix has raised $14M in a Series C funding, in a round led by Advanced Technology Ventures. According to Nuventix, Braemer Energy Ventures and existing investors CenterPoint Ventures, InterWest Partners and RHO Ventures also participated in the round. Nuventix said the funding will go toward supporting rapid market adoption of the firm's products. Nuventix develops products for thermal management and cooling of consumer electronics, LED lighting, and other electronics. More information »