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Friday, Apr 19, 2024

Interlink Receives $5 Million in Funding

Interlink Electronics Inc. completed the sale of $5 million in convertible notes and warrants to a group of investors, the company announced. The proceeds of the sale allow the Camarillo-based company to pay down its line of credit. The investors are investment funds managed by Special Situations, SRB Management, JMP Asset Management, and Potomac Capital. The funding also helps the company with its growth plans, said President, Chairman and CEO E. Michael Thoben. “Over the last year we have continued to enhance our financial and operational infrastructure and at the same time we have refined our market focus,” Thoben said. Interlink designs and manufactures interface products and technologies.

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