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Luminescent Secures $9 Million In Latest Round

Thursday, June 14, 2007 5:00:00 AM PDT | VentureDeal Staff

PALO ALTO, CA -- Semiconductor technology company Luminescent announced that is has raised $9 million in a new round of venture capital.

Luminescent provides lithography technology to the semiconductor industry that assists companies in translating design intent into production reality, improving on-wafer pattern fidelity and accelerating time-to-silicon.

New investor Adams Capital Management led the round, which included previous investor Sevin Rosen Funds.  The company intends to use the proceeds for expanded sales and marketing purposes.

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