As well as raising an undisclosed amount in series C funding, US-based Green Plug has also appointed Kevin Jones to the position of chief scientist.
UK-based strategic investor Imagination Technologies Group has led a undisclosed series C round into Green Plug, a US-based company making mixed-signal controllers to the high volume AC-DC power converter market.
There was also involvement from venture firms Herald Ventures, Killik & Co and Peninsula Ventures.
Green Plug will now focus on expanding its intellectual property portfolio.
Following the investment Green Plug appointed executive Kevin Jones to the newly-created position of chief scientist. Rajeev Prasad will succeed Jones…