Quantance Raises $11 Million Series C to Drive Expansion of Its Power Product Line

Quantance, a provider of power management products for 4G mobile devices, announced it raised $11 million in Series C funding.  

The company will utilize the funding to expand Quantance family of power management products, including ultrafast power supplies for 4G devices.

Investors include TD Fund, Granite Ventures, InterWest Partners and DoCoMo Capital.

“Quantance is a performance leader in a booming market that is forecast to consume 10 billion devices over the next eight years,” said Eric Zimits, managing director at Granite Ventures. “We look forward to seeing Quantance's patented technology begin to appear in many leading-edge 4G devices.”

Leveraging Quantance's technology, operators can improve uplink speeds, performance and better network coverage for consumers of smartphones, tablets and data cards.

Quantance will also use the new funding for extending the company's intellectual property into next-generation products serving broader markets. The funding will assist Quantance to grow its employee base by at least 50 percent this year.

“We are all looking for longer battery life and better data performance from our mobile devices. To achieve this, a power supply must constantly adapt to deliver power only when it is needed, maximizing both performance and economy,” said Vikas Vinayak, Quantance's CEO and co-founder, in a statement.

“Yet, batteries and power supplies have not kept up with the consumer's voracious appetite for accessing mobile content and applications when and where they want them. Some generate voltage efficiently, others generate it quickly – but none can do both simultaneously,” Vinayak added.

Recently, Quantance announced the launch the Q1005 Power Management Controller for radio frequency (RF) Pas to improve the performance of power amplifier (PA) for 3G and 4G data communication.