Nantero raises $10M in funding

Date:
Thursday November 29, 2012

Company Name:
Nantero

Company Website:
http://www.nantero.com

Categories:
Hardware, Other

Deal:
Funding

Source:
http://bit.ly/SyUb8q

Nantero, Inc., the nanotechnology company pioneering the use of carbon nanotubes in the development of next-generation semiconductor devices, today announced the closing of an over $10 million Series D financing round. The oversubscribed round was led by two new strategic corporate investors currently engaged in strategic development and partnerships with Nantero. The round also includes existing investors, including Charles River Ventures, Draper Fisher Jurvetson, Globespan Capital Partners, Stata Venture Partners and Harris & Harris Group. This latest round of funding comes at a significant juncture as the company transitions from development to commercialization of its next-generation memory, NRAM™, and licensees begin to bring Nantero’s technology to market.