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Adesto Raises $14 Million Venture Capital Financing

Wednesday, September 09, 2009 5:19:00 AM PDT | VentureDeal Staff

Sunnyvale, California  --  Semiconductor company Adesto Technologies has secured $14 million in a new round of institutional venture capital investment.

Adesto Technologies is a stealth mode semiconductor company that operates as a fabless producer.

Investors in the round included Arch Venture Partners, Harris & Harris Group, Adams Street Partners and Applied Materials Ventures.  Proceeds purposes from the financing were not disclosed.

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