Akustica raises $8 million

Jan. 12, 2004 — Akustica Inc., a Pittsburgh-based developer of MEMS-based microphones, announced closing an $8 million second round of equity financing.

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Current investors Rangos Investments and Chamberlain Investments co-led the round. New investor Mobius Venture Capital also participated.

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The company also announced that John Rangos has been named to its board of directors. Akustica previously raised $4.5 million.

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