Lilliputian Systems Secures Additional $28M in Venture Funding, Welcomes Analog Devices Founder, Ray Stata to Board of Directors and Announces the Appointment of Michael Umana as EVP and CFO
Infusion of Capital and Expansion of Leadership Team Position LSI to Revolutionize Power for Consumer Electronic Devices
Lilliputian Systems announced that it has secured an additional
In conjunction with the financing, Mr.
“We could not be more pleased to have Ray join our board,” said
“Stata Venture Partners’ financial support and my personal commitment to join the board serve as strong endorsement of Lilliputian’s technology and business model,” said Mr. Stata. “This funding will help ensure the timely commercial launch of Lilliputian’s products.”
Altira Group is committed to building a future of efficient, sustainable energy by pioneering full-spectrum investments in the energy sector. Hull McKinnon, Principal at Altira, will also join Lilliputian’s Board of Directors. “Hull’s presence further validates the impact that Lilliputian’s products will have in providing a clean tech solution for today’s CE devices,” said
Lilliputian also announced the appointment of
About Lilliputian Systems
Lilliputian Systems, Inc. has developed the world’s first Personal Power(TM) solution for Consumer Electronics (CE) devices, a revolutionary family of products targeted at the
SOURCE Lilliputian Systems, Inc.