Impinj: SelfAdaptive Semiconductor Message Board

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Technology Stocks : Impinj: SelfAdaptive Semiconductor

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To: Immi who wrote (1)	12/8/2002 11:07:39 PM
From: twentyfirstcenturyfox	of 2

Good find. You're right - worth following. Looks like they do not expect to go public anytime soon. Fox. <Polaris Venture Partners, led the $14 million Series B funding of Impinj. Arnold took a board seat as part of the deal. The round also saw pro rata investments from first-round investors ARCH Venture Partners and Madrona Venture Group.The capital brings the total company's financing of Impinj to $29 million. The infusion will be used for product development and to establish a remote design center in Orange County, Calif., or Silicon Valley where there is significant engineering talent to recruit from, Colleran says, adding that the money should take the company to profitability>.

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