Sand 9 Secures $8 Million in Series A Funding

Flybridge Capital Partners leads new financing round
BOSTON--(Business Wire)--
Sand 9, Inc., a start-up company developing advanced
nano-mechanical resonator technology for the wireless device market,
today announced it has completed an $8 million Series A round of
financing led by new investor Flybridge Capital Partners. The company
will use the funding to accelerate product development efforts and
expand its engineering team.

As part of the funding, David Aronoff, a General Partner with
Flybridge Capital Partners, will join the company's Board of
Directors. David joins Hemant Taneja, a General Partner at General
Catalyst Partners, who led the $2 million Seed funding in May 2007
along with Khosla Ventures.

Sand 9 is dedicated to the design of components that will
dramatically improve the performance and increase the capabilities of
electronic devices. The company's disruptive proprietary technology
offers significant improvement over the existing technologies
currently available. Sand 9 is founded by technical leaders in the
component industry including technical founder, Dr. Raj Mohanty; Vice
President of Engineering, Juergen Schoepf; and co-founder, Matt
Crowley.

"Wireless devices today are limited by their size, cost and lack
of integration," said Raj Mohanty, technical founder and professor of
physics at Boston University, Sand 9, Inc. "Using our advanced
nano-mechanical resonators which were originally developed with the
support of NSF funding programs, we will eliminate these limitations.
We are thrilled to have the support of leading venture funds Flybridge
Capital Partners, General Catalyst and Khosla Ventures. The funding
will enable us to expand our engineering team and fuel business
development efforts as we continue development work on our product
offerings."

"We believe Sand 9 is a game changing opportunity," said David
Aronoff. "The company is led by a world-class team with the technical
ability, passion and drive we look for in entrepreneurs. This, in
combination with their innovative technology and a huge market
opportunity, position the company well to successfully introduce new,
market defining products."

About Sand 9

Founded in 2006 and based in Boston, MA, Sand 9 is a venture
funded startup company, dedicated to the design of components that
will dramatically increase the capabilities of electronic devices. For
more information, visit www.sand9.com

About Flybridge Capital Partners

Flybridge Capital Partners is an early-stage venture capital firm
whose mission is to assist entrepreneurs in growing innovative, global
companies. With $560 million under management, the firm is focused on
investing in consumer, healthcare and information technology markets
and is led by a team with domain expertise and more than half a
century of combined experience in venture capital. For more
information, visit www.flybridge.com.

About General Catalyst Partners

General Catalyst Partners is a venture capital firm that invests
in exceptional entrepreneurs who are building the technology-based
companies that will lead innovation and transform industries. Founded
in 2000, General Catalyst Partners leverages its principals' extensive
operational, business development and technological expertise to
provide portfolio companies with a catalyst for success through
business-building and partnership development assistance. General
Catalyst is headquartered in Cambridge, Mass. For more information,
please visit: http://www.generalcatalyst.com.

About Khosla Ventures

Khosla Ventures offers venture assistance, strategic advice and
capital to entrepreneurs. The firm helps entrepreneurs extend the
potential of their ideas in both traditional venture areas like the
Internet, computing, mobile, and silicon technology arenas but also
supports breakthrough scientific work in clean technology areas such
as bio-refineries for energy and bioplastics, solar, battery and other
environmentally friendly technologies. Vinod Khosla was formerly a
General Partner at Kleiner Perkins and founder of Sun Microsystems.
Vinod Khosla founded the firm in 2004 and was joined by partners David
Weiden and Samir Kaul, as well as chief scientific officer Doug
Cameron in 2006. Khosla Ventures is based in Menlo Park, California.

Sand 9, Inc.
Matt Crowley, 617-358-3230
crowley@sand9.com
or
Flybridge Capital Partners
Kate Castle, 617-534-1228
kate@flybridge.com

Copyright Business Wire 2008