Integrated Materials Inc. (IMI) received a bridge loan of $500K

Los Altos, California July 8th-- Silicom Ventures a Silicon Valley investment group, today announced the closing of a bridge loan to Integrated Materials Inc. (IMI).

The bridge was let by Silicom Ventures. Israel Niv, the founder and CEO of Optonics will represent Silicom Ventures investors on the board of directors.

“The bridge loan was raised in a short time” said Gadi Behar, the founder and managing director of Silicom Ventures. “This is a result of both the quality of IMI’s technology and its management team, and the fact that angel investors typically move faster than VCs. We are now ready to present IMI to Silicom Venture’s VC members in order to raise the full round.”

ABOUT SILICOM VENTURES

Silicom Ventures provides a conduit for technological innovation linking qualified, experienced investors with entrepreneurs from around the globe. Our 150 members include a diverse group of high tech Angel and Venture capital investors specializing in early round financing. More about Silicom Ventures www.silicomventures.com

ABOUT INTEGRATED MATERIALS
Integrated Materials Inc. - The 'Total Silicon Solutions' TM Company - is the IC Industry’s leading manufacturer of Semiconductor-grade Silicon Towers, Boats, liners and other vital diffusion process products. IMI All-Silicon towers and boats provide unequaled purity and thermal stability. The use of Semiconductor-grade Silicon in their manufacture results in significant reduction in particles, Alkali and heavy metal contamination, shadowing and crystal slip in diffusion, LPCVD and RTP Processes. Cost of Ownership of an IMI All-Silicon fixture is less than silicon carbide; significantly less than quartz.

Contact information:

Tal Behar
Executive Director
Silicom Ventures
1456 Fowler Ln.
Los Altos, CA 94024
tal@silicomventures.com