Achronix nabs $43M for gate array technology
Achronix Semiconductor Corp. recently closed $43 million of a large, still open $52 million second round of financing. Argonaut Private Equity led the tranche, which also included existing investors Battery Ventures, New Science Ventures, Easton Capital Investment Group and Entrepia Ventures. These contributors helped the San Jose, Calif. company hit $25.4 in its first round last January. The company plans to use its new funds to develop a new generation of products.
The round is being… Continue Reading