Electronic switch maker Menlo Microsystems Inc. in Irvine said it has received $150 million in a Series C funding round, to expand the company’s domestic manufacturing and supply chain.
“It will enable us to expand our manufacturing in the U.S. and accelerate the development of our power roadmap to solve some of the world’s most pressing challenges,” Chief Executive Russ Garcia said in a statement today.
The latest round brings cumulative funding to more than $225 million.
Menlo Micro says its Ideal Switch is “the most disruptive technological innovation in the electronics industry since the advent of the transistor.”
For further details, please see the March 14 print edition of the Business Journal.
