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Akustica Announces 2nd-Round Financing

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PITTSBURGH, Oct. 18 -- Akustica Inc., a provider of acoustic system-on-chip solutions for wireless communications and consumer electronics, announced it has raised $2.25 million in Series A financing. The series was led by Chamberlain Investments, created and funded by Glen Meakem, founder, chairman and CEO of FreeMarkets Inc., and included other private investors. Former Carnegie Mellon University MEMS laboratory director Kaigham J. Gabriel, called "the architect of the entire MEMS industry" by Forbes ASAP, co-founded Akustica along with James H. Rock, a veteran of technology start-up...Read full article

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    Published: October 2002
    CommunicationsNews & Features

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