eAsic takes $7M for integrated circuit technology

eAsic, provider of integrated circuit technology tailored to specific applications, has brought in $7 million of an expected $12 million round of convertible promissory notes, according to a filing with the SEC. Based in Santa Clara, Calif., the copany is backed by Advanced Equities, Crescendo Ventures, Khosla Ventures, Kleiner Perkins Caufield & Byers, and Evergreen Partners.

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