Venture firms fund Quantance through $12m Series D


mobile-touch4G/LTE power supply manufacturer Quantance has raised $12m of series D funding from investors including TD Fund, Granite Ventures, InterWest Partners, and DoCoMo Capital.

The company said the funding would be used to boost production of the company’s 4G/LTE envelope tracking (ET) power supply products for use in smartphones, tablets, and mobile hotspots.

Quantance also plans next-generation ET products and tighter power amplifier (PA) integration for later this year.

Vikas Vinayak, Quantance’s CEO and co-founder, said, ‘The high traction our Q845 has gained with chipset and handset providers since mid-2012 is driving our plans to scale for mass market production.

‘So many big players have firm plans for deploying ET solutions that we expect ET to be ‘table stakes’ by the end of next year. To maintain our leadership role in this fast-moving market, we are planning several performance enhancements and seamless operation with all 4G PAs, ranging from legacy PAs designed primarily for older Average Power Tracking (APT) technology to the latest trends in CMOS Pas.’

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