DATA I/O CORP
About DATA I/O CORP
Data I/O Corporation is the world's most advanced semiconductor device programming platform providing data provisioning solutions for flash memory, microcontrollers and security ICs. Founded in 1969 and incorporated in 1972, the company is a public NASDAQ-listed entity (DAIO) headquartered in Redmond, WA that develops manual and automated programming systems used in automotive, IoT, medical, wireless and industrial electronics manufacturing. It operates four complementary platforms including the LumenX high-volume automated system.
Investors
Not disclosed in the source filing. Form D filings do not list investors โ StreetZero surfaces them from news where available.
Key highlights
- Closed $9 million private placement with two institutional investors via debentures and warrants.
- Completed transformational acquisition of V-TEK for ~$23 million funded partly by the private placement.
- Public company (NASDAQ: DAIO) founded in 1969 offering automated programming platforms for automotive and IoT.
- Total reported funding rounds amount to $9 million with focus on working capital and strategic growth.
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Source document & SEC filing
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