ConnectCom Has $2M First Round

Startup designs and manufactures ultra-low power, very high-speed analog and mixed-signal integrated circuits

September 7, 2000

1 Min Read

IRVINE, Calif. -- ConnectCom MicroSystems today announced a completion of its first round of financing of approximately two million dollars. Safi Qureshey, a founder of AST and a partner of Irvine Ventures was the lead investor. ConnectCom indicated that Infineon, through its venture arm, Infineon Venture has also invested in the Company.

“We were impressed with the technical savvy of the founders at ConnectCom”, said Safi Qureshey, of Irvine Ventures. “ConnectCom has developed significant circuit advances in an explosive market. This is a winning combination of technology and application.”

“These funds will be used to complete the development of its flagship product, which is targeted towards the high speed SONET and SDH market”, said Masoud Djafari, Chief Executive Officer of the Company.

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