Invarium, integrated circuit design company, to raise $10M
Invarium, a San Jose provider of hardware and software for the design and manufacture of advanced integrated circuits, is about to finish raising $10 million in a third round of funding, according to VentureWire (sub required)
Existing backers Goldman Sachs & Co. and Onset Ventures are participating, Roy Prasad, the president and chief executive of the company, told the publication. Applied Ventures, the venture capital arm of Applied Materials, is also one of the investors, according to an SEC filing.
Invarium earlier raised $11 million in two rounds since 2003.
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