Plextronics Recieves Investment from Applied Ventues
November 8, 2007
Plextronics has received a strategic investment by Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc., to help the company continue to expand its product development and manufacturing capabilities, as well as increase its investment in sales and marketing activities. The investment comes on the heels of Plextronics's recently closed $20.6 million Series B financing, bringing the total in equity capital to $41 million that Plextronics has raised over the last five years.
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