Adapteva Obtains $3,600,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=26b20dd1-4cfe-44f3-bdd8-85776daf096e
Date
1/16/2014
Company Name
Adapteva
Mailing Address
1666 Massachusetts Ave Lexington, MA 02420
Company Description
Adapteva Inc. is a privately held fabless semiconductor company based in Lexington, Massachusetts that has developed the the world’s most energy efficient multicore microprocessors.
Website
http://www.adapteva.com
Transaction Type
Venture Equity
Transaction Amount
$3,600,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Carmel Ventures
Venture Investor
Ericsson Venture Partners