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Adapteva Raises Venture Capital Debt Funding

Friday, June 08, 2012 5:34:00 AM PDT | VentureDeal

Lexington, Massachusetts  --  Semiconductor company Adapteva has garnered $854,000 in new venture capital debt, according to an SEC regulatory filing.

Adapteva is a fabless semiconductor company that is focused on energy efficient multicore microprocessors.

Investors in the round were not disclosed, nor was how the company intends to use the proceeds.

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