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Print Edition StoriesMears Technologies Inc. has pulled in a $5.6 million equity financing, the company reported in a filing with the U.S. Securities and Exchange Commission today.
The Newton-based semiconductor services firm noted 55 investors participated in the funding, but it did not disclose the names of the backers.
Mears launched in 2006 to serve the semiconductor industry by reducing gate leakage, saving power and money, in chip manufacturing. The Mears Silicon Technology (MST) platform is also made to fit into semiconductor manufacturing processes without requiring new equipment and materials.
Mears Technologies is led by founder, president and CTO Robert J. Mears, who led development of the MST platform.
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