Achronix Semiconductor Obtains $40,000,000 Series C Financing

  • Feed Type
  • Date
    3/1/2011
  • Company Name
    Achronix Semiconductor
  • Mailing Address
    2953 Bunker Hill Ln. Santa Clara, CA 95054
  • Company Description
    Achronix Semiconductor is a privately held fabless corporation based in Santa Clara, California. Achronix builds the world’s fastest field programmable gate arrays (FPGAs) capable of up to 1.5 GHz peak performance.
  • Website
    http://www.achronix.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $40,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The proceeds of the financing will be used to accelerate investments in Speedster22i FPGAs and future products.
  • M&A Terms
  • Venture Investor
    Argonaut Private Equity
  • Venture Investor
    Battery Ventures
  • Venture Investor
    New Science Ventures
  • Venture Investor
    Easton Capital
  • Venture Investor
    Entrepia