Cornerstone Portfolio Company Advanced Diamond Closes $5.2MM in Series D Funding

Cornerstone has investments in Series C, and is pleased to announce that Advanced Diamond Technology just closed Series D Funding led by S-Group Capital Management.

ADT develops products that are enabled by thin smooth diamond. ADT is a World Economic Forum 2007 Technology Pioneer, recipient of a 2008 EuroAsia IC Award in the Materials Enabling category from EuroAsia Semiconductor, 2008 R&D 100 Award winner for UNCD Seals™ (mechanical seals for pumps), 2009 R&D 100 Award winner for NaDiaProbes® (AFM probes made entirely of diamond), and 2011 R&D 100 Award winner for its Integrated RF MEMS Switch/CMOS Device

S-Group is a private equity and venture capital company based in Moscow, Russia which focuses on growth opportunities in high-tech and consumer-oriented businesses.

For the press release please follow the link here: Press Release

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