Reno Sub-Systems raises $11.2 million for product deployment

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Reno Sub-Systems, a developer of radio frequency RF matching networks, RF power generators and gas flow management systems for semiconductor manufacturing, has closed its Series C funding that produced $11.2 million for product deployment. The additional funding will support continued development of the technology to enable leading-edge silicon manufacturing technology nodes in high-volume production. "The C-round will allow us to support our rapidly growing number of deployments and enable high-volume manufacturing of our systems to support our recent platform wins," said Bob MacKnight, CEO of Reno Sub-Systems. Samsung Venture Investment Corp., one of Reno Sub-Systems investors, led the round of funding. "We saw high value in Reno's technology, so it only made sense for us to pursue an investment," said Dr. Dong-Su Kim, vice president of Samsung Venture Investment Corp. Samsung Venture Investment Corp., Hitachi High-Technologies Corporation and SK hynix are all listed as strategic investors as well. Existing investors Intel Capital, Lam Research and MKS Instruments also participated in this funding round.

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