Plenus Provided a $5mm Credit Facility to N-trig
Plenus, the leading Venture Lending Fund in Israel providing credit facilities to high-tech companies, granted a $5mm Credit Facility to N-trig. N-trig is the provider of DuoSense™ technology combining pen and zero-pressure touch for mobile and fixed computers into a single device and with over 10,000 digitizers shipped to OEM customers around the world. Recently Dell launched its tablet PC, Latitude XT, integrated with N-trig’s DuoSense technology.
Lee-Bath Nelson, Plenus’ General Partner, commented:” We are excited about the capabilities of N-trig's unique DuoSense technology, not to mention how cool it is. The market is only now starting to be exposed to N-trig's products, through Dell's new tablet offering, and we believe that N-trig's leadership in this market will support strong growth".
For more information on N-trig, please visit www.n-trig.com
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