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Aristos Logic Raises $12M

Foothill Ranch-based Aristos Logic announced today that it has raised a $12M Series D funding round. The round came from existing investors JP Morgan Partner, TPG Ventures, Woodside Fund, and QTV Capital, and brings the total raised by the company to $65M. Aritos is developing silicon processors for providing RAID functionality to storage devices. The company said that the funding will be used for ramping production, marketing, and next generatio product development for the company. More information »