Revasum, Inc.

Revasum, Inc.

16.7% of portfolio as of 9/30/18

Revasum provides CMP and grinding technology to the semiconductor industry. Its CMP equipment is used in oxide, tungsten, polysilicon, and other thin-film applications. Revasum grinders are used for a broad range of materials, including silicon carbide and gallium arsenide.

The company's CEO, Jerry Cutini, is a semiconductor industry veteran. He co-founded OnTrak Systems, a CMP equipment company, and took it public in 1995. The company was subsequently purchased by Lam Research for $400 million. After serving at Lam as president of the OnTrak division, Mr. Cutini joined Gasonics International and went on to lead that company's acquisition by Novellus. 

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In late August 2018, Revasum announced it had completed a pre-IPO funding round, and is exploring an initial public offering in Australia.

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