AAA Quantance shows investor power

Quantance shows investor power

Quantance, a US-based mobile device battery manufacturer backed by Docomo Capital, has raised $1.65m from five investors, according to a regulatory filing first seen by CB Insights.

In October 2011, Quantance, which was formerly known as Lotus Integrated, secured $11m of series C funding from DoCoMo Capital, the corporate venturing unit belonging to Japan-based mobile communication company DoCoMo, and venture capital (VC) firms TD Fund, Granite Ventures and InterWest Partners.

Quantance’s series B round raised $12m from the same investors, in November 2008, while Granite, InterWest and VC firm CampVentures were the backers for Quantance’s $7m September 2006 series A round.

Leave a comment

Your email address will not be published. Required fields are marked *