May 6, 2015

Wednesday, May 06, 2015 5:33:00 AM PDT | VentureDeal    Goleta, California  --  Electronics technology company CBRITE has secured $12.7 million in new venture capital financing, according to an SEC regulatory filing. CBRITE "has developed a unique, scalable, high-performance, low-cost backplane solution suitable for the next generation of TFT-LCS and AMOLED displays. " The company says its products perform at a lower cost and provide higher performance than previous solutions. Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds. CBRITE is still seeking $7.3 million in additional financing, according to the filing. Print Page Free Trial Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month? Start your Free 14 Day Trial now – no obligation or credit card required. About VentureDeal Founded in 2006, VentureDeal is a database that provides the latest information about venture capital firms, venture-backed technology companies and transactions throughout North America.