Neoconix, maker of circuit board interconnects, raises $16M

Neoconix, a provider of electrical interconnects for circuit boards that allows circuit boards to become smaller, has raised $16 million in a third round of financing.

The round was led by VentureTech Alliance, and included existing backers J.P. Morgan Partners, Venrock Associates, U.S. Venture Partners and Walden International.

The company has raised $39 million in venture backing since 2003. VentureWire (subscription required) first reported the news this morning.

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