Electronics Startup Reno Sub-Systems Secures $11.2 Million
Reno Sub-Systems announced it has raised $11.2 million in Series C financing, led by Samsung Ventures. Intel Capital, Hitachi High-Technologies, SK Hynix, Lam Research and MKS Instruments also participated in the offering.
Reno Sub-Systems, Inc., develops new and disruptive technologies for the semiconductor and advanced @ industries. With its patented technologies, Reno has supported the highest-performance radio frequency (RF) matching networks, RF power generators and gas delivery systems for leading-edge nanoscale manufacturing processes.
The company revealed that the Series C round will allow Reno Sub-Systems to increase its rapidly growing number of deployments and enable high-volume manufacturing of its systems.