English
Nantero Secures more than $30mm in Funding
WOBURN, Mass. -- Feb 4, 2015 – Nantero, Inc., the nanotechnology company developing next-generation memory using carbon nanotubes, today announced the closing of an over $30 million Series E financing round. The round was substantially oversubscribed and included both venture and strategic corporate investors. Among the participants in the round were Charles River Ventures, Draper Fisher Jurvetson, Globespan Capital Partners, and Harris & Harris Group. Nantero is now actively working in partnerships with over a dozen major corporations in various areas of the semiconductor and electronics industries.
“This round demonstrates the active and sustained commitment of Nantero’s investors, which is based on its measurable progress with a large number of customers,” said Bruce Sachs, General Partner, Charles River Ventures. “Nantero is actively developing multiple high-value products with heavily engaged customers.”
Dr. Thomas Rueckes, co-founder and CTO of Nantero, Inc., added, “This round is helping us expand our efforts to support our many customers and has allowed us to add a number of memory industry veterans to our world-class technical team.”
About Nantero
Nantero is a nanotechnology company using carbon nanotubes for the development of next-generation semiconductor products. Nantero’s main focus is the commercial introduction of NRAM™ –a high-density high-speed nonvolatile random access storage device. The applications for the nonvolatile RAM Nantero is developing include smartphones, tablets, enterprise systems, notebook and desktop computers, as well as applications in the industrial arena including areas requiring high reliability under adverse conditions such as heat or radiation. NRAM™ can be manufactured for both standalone and embedded memory applications. Nantero is also working with licensees on the development of additional applications of Nantero’s core nanotube-based technology. For more information on Nantero, Inc. please visit www.nantero.com or email info@nantero.com
|
||||||
Related News
- Nantero Secures More Than $21M in Additional Funding
- Nantero Secures More than $10MM in Funding
- Pragmatic Semiconductor secures £182m ($231m) investment led by M&G and UK Infrastructure Bank
- Thalia Secures $2.7 Million Funding to Strengthen Position as Leading IP Reuse Partner for Semiconductor Industry
- Weebit Nano successfully secures US$40 million to accelerate development and commercial roll-out of its ReRAM
Breaking News
- Frontgrade Gaisler Unveils GR716B, a New Standard in Space-Grade Microcontrollers
- Blueshift Memory launches BlueFive processor, accelerating computation by up to 50 times and saving up to 65% energy
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Cadence Unveils Arm-Based System Chiplet
Most Popular
- Cadence Unveils Arm-Based System Chiplet
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Esperanto Technologies and NEC Cooperate on Initiative to Advance Next Generation RISC-V Chips and Software Solutions for HPC
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- Arteris Selected by GigaDevice for Development in Next-Generation Automotive SoC With Enhanced FuSa Standards
|
E-mail This Article | 
|
|
Printer-Friendly Page |