January 15, 2017 | Israeli company VisIC Technologies Ltd, a fabless developer of power conversion devices based on gallium nitride metal-insulator-semiconductor high-electron-mobility transistors, has closed a $11.6 million Series C round of financing led by new investor Birch Investment and existing investors. The company was founded in 2010 by Tamara Baksht and is based in Nes Ziona.