Stubbs Alderton & Markiles, LLP (SA&M) today announced that it represented client SiLC Technologies, Inc., a machine vision innovator, in its $17 million Series A funding round led by Alter Venture Partners and Dell Technologies Capital. The new financing brings SiLC’s total funding to over $30 million, and will help expand SiLC’s operations, accelerate product development, and gain additional production design wins. SiLC specializes in silicon photonics that advance market deployment of coherent 4D imaging solutions. The company’s breakthrough chip integrates all photonics functions needed to enable a coherent 4D vision sensor offering a tiny footprint while addressing the need for low cost and low power.
SA&M attorneys advising SiLC Technologies on this transaction included Caroline Cherkassky and Christina Meng. Visit the SiLC website to read more about the Series A funding round.
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As a result of the Firm’s deep roots in the emerging growth market, Stubbs Alderton & Markiles understands the unique practical business needs of early-stage and high-growth companies. The Firm typically acts as outside general counsel to its emerging growth clients, including participating in board-level discussions and serving as an extension of the management team. The Firm strives to understand its clients’ business and markets and give them senior-level attention, which enables the Firm to provide practical and cost-effective legal advice. Representing private companies as they seek funding from venture capital firms, angel investors, or other investors has been a key component of the Firm’s practice. The Firm also represents and has extensive relationships with the most prominent venture capital firms and angel investor groups in Southern California. The Firm has extensive experience in advising on a wide range of financing structures, including seed and angel investor financings, venture capital investments, private equity and other institutional financings, bridge loans, and PIPE transactions for public companies. The Firm’s representation of cutting-edge companies and leading investors allows it to stay apprised of developing market trends and, where appropriate, to make introductions to investors and companies.
Stubbs Alderton & Markiles' client SiLC Technologies, a silicon photonics-based supplier of integrated 4D vision solutions, announced an integrated 1550nm FMCW LiDAR on a chip this week. The 20-year photonics industry veterans aim to set new performance and eye safety standards for the sensing sector. Check out the demonstration of the record-setting performance with its integrated 4d Vision Sensor test chip at the 2019 Consumer Electronics Show (CES).
To read the full press release visit here.
About SiLC Technologies, Inc.
SiLC Technologies, Inc. is a silicon photonics integrated circuit semiconductor supplier located in Monrovia, Southern California. Company's initial focus is on integrated 4D Vision Sensors targeting a wide range of applications. Founded by a group of highly experienced industry veterans with over 20 years of commercial product development and manufacturing heritage, SiLC utilizes silicon-based semiconductor fabrication processes to manufacture its chips and standard, automated IC style assembly processes to enable robust, cost-effective and compact solutions. Please visit us at www.silc.com.