Austin-Based Equiphon Raises $1.25M of $4.25M Offering - CBL
By Citybizlist Staff
KING OF PRUSSIA, Pa. -- Equiphon Inc. has raised $1.25 million of a $4.25 million equity offering, according to a Reg D filing with US Securities and Exchange Commission.
Austin-based Equiphon is a fabless semiconductor company. Founded last year, the company initially is targeting high-volume markets for next-generation Class D audio amplifiers, such as flat-panel TVs and personal media players.
Guggenheim Venture Partners, based in Austin and with a second office in King of Prussia, Pa., is an investor in the company.
Principals named in the filing are executive officer and director Mark Alexander and director Eric Rothfus.
Reg D filing: http://tinyurl.com/yjpauye
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Bio from Guggenheim's Web site:
Eric J. Rothfus - Managing Director (Texas)
With 18 years of start-up experience, Eric Rothfus is a serial entrepreneur with extensive engineering and operational experience. Eric has founded three successful ventures and has been an early employee in three others. Prior to the Fund, Eric worked with Mike as a Managing Director at TL Ventures. Prior to TL Ventures, Eric co-founded Agere with Mike and served as initial CEO and CTO/EVP. Agere developed high-speed, multi-protocol network processors and was acquired by Lucent Technologies, becoming the network processor division of Lucent Microelectronics.
Before Agere, Eric was a founder of Dazel Corporation where he held the positions of VP of Engineering and VP of Internet Initiatives. At Dazel, he was responsible for the creation of the MetaWeb product line which led to Hewlett Packard's purchase of Dazel in 1999. Prior to Dazel, Eric was an early employee and held management positions with Tivoli Systems. Eric is the co-author of multiple patents and author of several publications.
In 2000, Eric was the recipient of the Ernst and Young Entrepreneur of the Year award. He holds a B.S. in Computer Science and Electrical Engineering from the Massachusetts Institute of Technology (M.I.T.). His graduate study includes work at Cornell University in wide-area networking for high-energy physics and distributed processing systems at the University of Texas at Austin.