Tuesday, February 21, 2017

Resonant Gets $7.5M Private Placement

Goleta-based RF filter developer Resonant announced this morning that it has raised $7.5M in a private placement for the publicly traded company. The funding came from Longboard Capital Advisors, LLC, which is an existing stockholder of the company. Resonant said Longboard also had provided it with financing in Spetember of 2016. Resonant trades on the NASDAQ as RESN.