Monday, May 14, 2007

GTronix Raises $10M

Fremont-based GTronix announced today that it has secured $10M in a venture capital round. The round was led by JAFCO Ventures, and also included existing investor Menlo Ventures. GTronix is a developer of analog circuits used for sensor processing. The firm said it will use the funding to accelerate its product development efforts, and to bring its initial products to market. More information »