Arradiance Closes Series B
Financing
Sudbury, MA, April 9, 2007
Arradiance, Inc today announced that they have closed a new
round of financing with lead investor, Landon T. Clay,
Managing Member of East Hill Management Co. LLC of Boston,
MA. The terms of the financing were not disclosed. “We are
extremely excited about having someone with Landon’s stature
in the financial community as an investment partner in
Arradiance”, said Arradiance President, Ken Stenton, “Landon
brings an appreciation of the needs of an early-stage
technology company that will serve us well as we attempt to
penetrate crucial semiconductor processing markets”.
About Arradiance Inc.
Arradiance, Inc. is an early stage developer of massively
parallel electron beam source and detection technology
combining patent pending engineered materials and processing
to overcome conventional device limitations of microchannel
amplifiers.
For more information contact:
Ken Stenton
Chief Executive Officer
Founder
ARRADIANCE
142 North Road Suite F-150
Sudbury, MA 01776
(800) 659-2970
kstenton@arradiance.com