Monday, May 9, 2005

Fulcrum Raises $20M

Calabasas-based Fulcrum Microsystems said this morning that it has raised a $20M Seriers C venture round of funding. The round came from Granite Ventures, and included participation by existing investors Infinity Capital, New Enterprise Associates, Palomar Ventures, and Worldview Technology Partners. Fulcrum is developing clockless semiconductors used to interconnect networking chips. The company's products make it easier for designers to develop very high speed, Gigahertz designs using standard manufacturing processes. More information »