startup to expand with $3.2M infusion -->
Oct. 29--A local high-tech startup has won $3.2 million in additional funding from its parent companies that will help it expand development and production of glass components for semiconductor chips.
Triton Microtechnologies met six-month production milestones that triggered the investment from parent companies Asahi Glass Co. Ltd. of Tokyo and Oro Valley-based nMode Solutions Inc. Triton designs and makes ultra-thin glass interposers, essentially electrical pathways that enable stacking of circuits in advanced semiconductor packaging.
Triton will invest the capital to further develop and equip its manufacturing plant in Carlsbad, Calif., Triton CEO Tim Mobley said.
"We're seeing a lot of traction in the biomedical area for our product," Mobley said.
Triton specializes in making ultra-thin glass with microscopic holes that accept conductive materials for making high-density integrated circuits, known as 3-D or 2.5-D for their use of vertical as well as horizontal space.
Mobley said the company plans to expand its current workforce, which includes nine people in Carlsbad, where the company makes its glass interposer products for custom applications. The company recently moved its local headquarters, which employs three people, to 8950 N. Oracle Road in Oro Valley.
Founded in December 2012, Triton combines nMode's interposer technology with AGC's glass technology and hole-drilling techniques.
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