Tech Company Financing Transactions
Achronix Funding Round
Achronix closed a $40 million Series C funding round on 3/1/2011. Investors included Argonaut Private Equity, Battery Ventures and Easton Capital.
Transaction Overview
Company Name
Announced On
3/1/2011
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
Battery Ventures (Morgan Jones)
New Science Ventures (Somu Subramaniam)
Proceeds Purpose
The proceeds of the financing will be used to accelerate investments in Speedster22i FPGAs and future products.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
2953 Bunker Hill Ln. 101
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Achronix offers high-density and high-performance application-targeted FPGAs for communication applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
John Lofton
Chief Executive Officer
Robert Blake
Chief Technical Officer
Virantha Ekanayake
VP - Bus. Development
Howard Brodsky
VP - Engineering
Kamal Choudhary
VP - Engineering
Raymond Nijssen
VP - Engineering
Chris Pelosi
VP - Marketing
Steve Mensor
VP - Operations
Randolf Jurrat
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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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