Goleta, CA – According to filings with the U.S. Securities and Exchange Commission, Transphorm is raising $33,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Mario Rivas played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Transphorm
Transphorm is a global semiconductor company that develops gallium nitride (GaN) transistors and modules for high-voltage power conversion applications. Built on an industry-leading IP portfolio and over 300 years of combined GaN engineering expertise, Transphorm is delivering the highest performance and highest reliability GaN devices and best-in-class applications-driven design support to a growing customer base. Transphorm is creating innovations that move beyond the limitations of silicon to capture 90% of todays energy losses. With the industrys only fully-qualified 650V GaN devices in production, including testing beyond JEDEC and extensive qualification and long-term reliability of all devices, Transphorms reliability is unmatched by any GaN manufacturer.

To learn more about Transphorm, visit http://www.transphormusa.com/

Contact:
Mario Rivas, Chief Executive Officer
805-456-1300
https://www.linkedin.com/in/mario-rivas-770a4/

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