English
RF startup Sequoia Communications shuts down
Dylan McGrath, EE Times
(08/20/2009 4:52 PM EDT)
SAN FRANCISCO -- Fabless RF semiconductor vendor Sequoia Communications Inc. has ceased operations due to inability to secure additional funding, according to one of the company's venture capital backers.
Luis Arzubi, a general partner at Tallwood Ventures, told EE Times that Sequoia (San Diego) was forced to cease operations despite having working parts and customers because it failed to raise the needed capital to continue. The company and its investors "basically had no choice," he said.
(08/20/2009 4:52 PM EDT)
SAN FRANCISCO -- Fabless RF semiconductor vendor Sequoia Communications Inc. has ceased operations due to inability to secure additional funding, according to one of the company's venture capital backers.
Luis Arzubi, a general partner at Tallwood Ventures, told EE Times that Sequoia (San Diego) was forced to cease operations despite having working parts and customers because it failed to raise the needed capital to continue. The company and its investors "basically had no choice," he said.
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