Black Sand Technologies closes USD 10M series funding to ramp up power amplifiers
“The enthusiastic commitment of our shareholders, placing $10 million in cash on the balance sheet, is a powerful endorsement of our strategy and our growing success in the market,” said John Diehl, CEO of Black Sand. “We are already shipping in volume to multiple customers, and this additional investment will allow us to take the company to the next level – in terms of new products and an expansion of the sales and technical team. We have demonstrated technology leadership and commercial performance: our investors have responded to that.”
Black Sand employs industry standard CMOS semiconductor technology in the manufacture of key handset components that have traditionally required specialized process technologies. The company’s products can therefore be made in the world’s largest semiconductor foundries, thus improving quality, reliability and robustness, reducing costs, and giving customers supply assurance.
The Black Sand BST34 series of power amplifiers is designed as a drop-in replacement for existing 3G GaAs (gallium arsenide) power amplifiers, improving supply and lowering cost for handset manufacturers; the BST35 series moves the market forward, using another important feature of CMOS process technology – the ability to integrate more intelligence and functionality on-chip. The overall result is a reduction in the incidence of dropped calls, increase in real-world data rates and reductions in network operators’ capital expenditure requirements.
Visit Black Sand Technologies at www.blacksand.com
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