Tuesday, June 19, 2007

SupplyFrame Inks $7M From USVP

Pasadena-based SupplyFrame, a firm which operates an online vertical search engine focused on electronic components, has raised $7M in a Series B funding. SupplyFrame said Tuesday that the funding round was led by U.S. Venture Partners, and also included prior investors Clearstone Venture Partners and Arcturus Capital. Irwin Federman of USVP will join the firm's board as part of the funding. SupplyFrame said the additional capital will go towards global expansion of the firm's services. SupplyFrame's online search engine is targeted at electronic component buyers and engineers looking for electronic components. More information »