Asetek calls in $16M to quietly cool laptops, other devices
Liquid cooling company Asetek, based in San Jose, Calif., has raised $16 million in its second round of venture funding.
Asetek makes cooling devices for PCs, laptops and other small-form computers, most of which today use forced air cooling driven by fans. The advantages of liquid cooling include a better thermal profile and less noise.
Liquid cooling is likely to take over in many electronics in coming years, as we wrote in a recent article about miniature pumps placed directly on computer chips.
D.E. Shaw Ventures led Asetek’s funding. The company has taken $38 million since its was founded in 2000, from firms including Northzone Ventures, Sunstone Capital and KT Venture Group.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.