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Stretch Gets Series B Round Of $12 Million

Tuesday, June 05, 2007 7:00:00 AM PDT | VentureDeal Staff

SUNNYVALE, CA -- Semiconductor company Stretch, Inc. said that it has raised a second round of financing in the amount of $12 million.

The company is delivering a family of software configurable processors allowing system developers to automatically configure their off-the-shelf processors in numerous ways to help achieve their particular goals.

The round was co-led by three investors, Worldview Technology Partners, Oak Investment Partners and Menlo Ventures.  The funding proceeds will be used to expand company efforts to get operational chips in the hands of its customers.

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