GaN Systems plans to use the funding to expand global sales and accelerate product innovation.
Today’s announcement follows previous investments from prominent backers including BMW i Ventures, BDC Capital, Chrysalix Venture Capital, Cycle Capital Management, RockPort Capital and Tsing Capital.
“It’s a huge vote of confidence, both in GaN as a technology and GaN Systems’ approach to GaN transistors,” says GaN Systems’ CEO Jim Witham.
GaN Systems says it has found growth this year in notebook travel adapters, computer server and industrial motor power applications.
