NTera raises $9.5 million

May 4, 2004 — NTera Ltd., a Dublin, Ireland-developer of displays using nanostructured materials, announced it has secured $9.5 million in funding.

Doughty Hanson Technology Ventures led the round. Existing shareholders also participated. The company, which has raised a total of $30 million to date, will use the funding to move from a research and development phase into production mode at manufacturing sites in Ireland and Taiwan. It will also increase its sales and marketing efforts.

Along with the funding, NTera appointed George Powlick of Doughty Hanson and Don Caldwell of Cross Atlantic Technology Partners to its board of directors.

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