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eASIC Adds Venture Capital Equity Financing

Friday, July 12, 2013 5:54:00 AM PDT | VentureDeal
Santa Clara, California  --  Semiconductor technology company eASIC has secured $17.1 million in Series A venture capital investment, according to an SEC regulatory filing.

eASIC develops programmable ASIC products that reduce the overall fabrication cost and time of high-performance semiconductor chips.

Investors in the financing were not disclosed, not was how the company intends to use the proceeds.

eASIC is still seeking $2.5 million in additional financing, according to the filing.

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