The funding has been supplied by a consortium featuring GE Ventures, Microsemi Corporation, Corning and Paladin Capital Group.
US-based electronic switch developer Menlo Micro was spun out of conglomerate GE on Tuesday with $18.7m in funding provided by investors including GE’s corporate venturing arm GE Ventures.
Semiconductor technology producer Microsemi Corporation, speciality glass manufacturer Corning and investment firm Paladin Capital Group also took part in the funding round.
Based on research conducted over twelve years at GE’s Global Research Center, Menlo Micro has re-invented the electronic switch – an integral part of an electric circuit that diverts or…
