01.13.2014 Williams Mullen represents SBA Materials in Obtaining Financing from Intel Capital and others
A team of Williams Mullen attorneys led by Rob Tyler was instrumental in the successful closing of SBA Materials’ Series B financing round. SBA will use the new investment to accelerate the commercialization of its innovative porous dielectric materials for use in the manufacturing of advances microprocessor chips. Investors included Intel Capital and others. The press release from SBA Materials is available here.
About Intel Capital
Intel Capital, Intel's global investment and M&A organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11 billion in over 1,322 companies in 54 countries. In that timeframe, 04 portfolio companies have gone public on various exchanges around the world and 336 were acquired participated in a merger. In 2012, Intel Capital invested US$352 million in 150 investments with approximately 57 percent of funds invested outside North America. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com.
About SBA Materials
SBA Materials is a leader in development of nano-porous dielectrics. SBA's patented Liquid Phase Self Assembly technology enables the design of advanced siloxane-based materials with a broad range of porosities and a unique combination of electrical, optical and mechanical properties. This unique class of materials has applications in significant markets ranging from energy storage to high performance logic chips. SBA’s liquid processable low-k dielectric has the potential to improve the performance of advanced micro-processors while significantly reducing their power consumption. More information is available at www.sbamaterials.com.