Thursday, March 13, 2008

eASIC Gets $48M

Santa Clara-based eASIC, a firm which develops technology for zero mask-charge ASICs, said Thursday that it has raised $48M. The round was led by Advanced Equities Incorporated, and also included Khosla Ventures, Kleiner Perkins Caufield and Byers, Crescendo Ventures and Evergreen Venture Partners. eASIC develops technology which allows ASIC designers to quickly create designs that do not require mask changes, and have no minimum orders. Those capabilities make it much easier for ASIC designers to spin design changes into silicon. eASIC said that the firm's CFO, Craig Klosterman, also invested in the round. More information »