Friday, January 21, 2011

Presto Engineering Gets $6M

San Jose-based Presto Engineering, a provider of services to the semiconductor industry, announced today that it has raised $6M in new funding. The funding was led by CM-CIC Capital Prive, and also included investor Masseran Gestion. Preso Engineering provides product engineering services and hardware to semiconductor vendors, including first-silicon characterization to product release and testing. The firm has its headquarters in San Jose, but operations in Grenoble and Normandy, France. The firm said the funding will go towards regional expansion of new development hubs. More information »