|
||
|
Venture capital firms and funds in Europe 128 Venture Capital Group 3i Venture Capital Accuitive Medical Acer Venture Capital Act Venture Capital Ltd Adelaide Venture Capital Email ADS Ventures Boston Advantages Of Venture Capital Advent Venture Capital Agio Capital Alabama Venture Capital Alaska Venture Capital All Stages Venture Capital American Venture Capital Analysis Venture Capital Analyze Venture Capital Angel Capital Appraisal Venture Capital Arch Venture Capital Argentina Venture Capital Arizona Venture Capital Arkansas Venture Capital Arrowpath Venture Capital Assess Venture Capital Assessment Venture Capital Atlas Venture Capital ATV Venture Capital Aurora Fund Australia Venture Capital Austria Venture Capital Automotive Venture Capital AZ Venture Capital VCgate More Venture Capital Terms and Topics
-
Stretch Inc. Secures $12 Million in Series B Funding Round
June 6th, 2007 No comments
Stretch Inc., the pioneer and leader in software configurable processors, recently announced it has raised $12 million in Series B funding. The round was co-led by Worldview Technology Partners, Oak Investment Partners, and Menlo Ventures. The additional capital will allow the company to continue to roll out its S6000 family of processors based on the S6 architecture. The Stretch S6 architecture, announced in March of this year, represents a new class of embedded processors enabling video, imaging, and wireless signal processing.
“The participation of all our previous venture capital firms in this new round validates Stretch’s technology, strategy, and the hard work of our employees. We are appreciative of not only our investors’ financial support but also the guidance they provide,” said Craig Lytle, president and CEO of Stretch. “This latest round of funding will enable Stretch to expand our plans to provide customers with complete silicon, software and hardware reference designs based on the S6000 family, which will be sampling next month.”
“The tremendous customer response to the new S6000 family of processors impelled us to participate in this round,” said James Wei, Co-Founder and General Partner of Worldview Technology Partners. “We are excited about the direction and execution that Stretch has shown with the S6000 family.”
With more than sixty employees, and offices worldwide, Stretch has received thirteen patent awards and has thirteen additional pending.
Stretch Inc. is delivering a family of software configurable processors, the first to embed programmable logic within the processor. Using familiar C/C++ programming tools, system developers automatically configure Stretch’s off-the-shelf processors to achieve extraordinary performance, easy and rapid development, significant cost savings, and flexibility to address diverse markets and changing application needs. Stretch devices are used in video processing, machine vision, and wireless applications worldwide.
For more information, please visit www.stretchinc.com
Leave a reply
Latest Headlines:
Friday August 31, 2012
Zscaler Secures $38 Million Investment Round
Wednesday November 30, 2011
Health Care Solutions companies Infinity Pharmaceutics, NanoVobronix and Selventa raise funds.
Monday November 21, 2011
Panda Power opens $420 Million Fund for Solar and Natural Gas Projects
Thursday November 17, 2011
Better Place raises $200 Million for Electric Cars in the Series C of Funding
Wednesday November 16, 2011
Accel Partners raise $100 Million Big Data Fund to Invest in Hadoop, NoSQL and other Companies
Tuesday November 15, 2011
Skimlinks raises $4.5 Million to help Bloggers Increase their Gains
Monday November 14, 2011
Standing Cloud raises $3 Million to help New Cloud Providers grow Faster
Thursday November 10, 2011
Zillow acquires Diverse Solutions for $7.8 to help Real Estate Agents increase their Visibility