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Achronix Secures Venture Capital Debt Funding

Thursday, April 11, 2013 5:34:00 AM PDT | VentureDeal
   Santa Clara, California  --  Achronix Semiconductor has received $5.8 million in new venture capital debt financing, according to an SEC regulatory filing.

Achronix is a fabless semiconductor company that says that it builds the world's fastest field programmable gate arrays (FPGAs).

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

Achronix is backed by a syndicate of venture capital and private equity firms.

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