Stretch Garners $10,000,000 New Round

  • Feed Type
  • Date
    11/11/2009
  • Company Name
    Stretch
  • Mailing Address
    1322 Orleans Drive Sunnyvale, CA 94089
  • Company Description
    Stretch Inc. is delivering a family of software configurable processors, the first to embed programmable logic within the processor.
  • Website
    http://www.stretchinc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Bob Beachler, vice president of marketing, operations and system design at the company, said the goal is to use the money to expand operations, design its next chip, and hit profitability.
  • M&A Terms
  • Venture Investor
    Undisclosed