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November 05, 2007

Swiss Memory Innovator Raises $25M Series C

Innovative Silicon Inc, a Lausanne born now US-based developer of ultra-dense intellectual property for making a new kind of random access memory chip announced today that Wellington Partners Venture Capital has joined with all existing investors (Index, Austin Ventures, Highland Capital, Auriga, and chipmaker Soitec) to lead a $25M Series C round of investment in the company.

Recent 'multi-million dollar deals' with leading DRAM maker, Hynix, and microprocessor giant AMD, are what convinced Bart Markus, general partner at Wellington Partners, to sign on.
View Innovative Silicon

Posted on November 5, 2007 05:43 PM | Posted to News And Updates | Semiconductors | Permalink

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