Kateeva, the US-based maker of the Yieldjet OLED printing system, says it has closed its Series D round with $38 million in financing. The newest participant was Samsung Venture Investment Corporation, joining existing investors which also contributed, including Sigma Partners, Spark Capital, Madrone Capital Partners, DBL Investors, New Science Ventures and VEECO Instruments, Inc. The company has raised more than $110 million since it was founded in 2008.
The new funds will be used to support the company’s manufacturing strategy and expand its global sales and support infrastructure. Production systems are currently being built at the company’s facility in Menlo Park, California to fulfil early orders.
