Chip designer Stretch rides security concerns to new funding
The security sector has been hot since 9/11. It’s sexy enough so that companies in the normally out-of-favor chip sector can get funding – as long as they are focused on making security chips.
Sunnyvale-based Stretch is announcing today that it has taken a tranche of $15 million from its second round of venture capital from Worldview Technology Partners, Oak Investment Partners, and Menlo Ventures. That brings the total raised since 2002 to $100 million.
Craig Lytle,… Continue Reading