Farmington’s Horizon Technology Finance Corp. funded $11.5 million in loans to six companies during the third quarter, it announced.
Horizon, which provides secured loans to development-stage companies backed by venture capital and private equity, said it loaned capital to six companies, two of which were existing members of its investment portfolio:
• $2 million to fabless semiconductor device maker eASIC Corp., a new portfolio company
• $1.5 million to real-time location systems maker Ekahau Inc., a new portfolio company
• $1.5 million to publishing data management platform maker Lotame Solutions
• $2 million to chemical mechanical planarization pad maker NexPlanar Corp.
• $3 million to stent developer Tryton Medical
• $1.5 million to an unnamed provider of financial assurance and predictive analytics products for communications service providers