Intermolecular lands $20M to improve semiconductor manufacture
San Jose, Calif.-based Intermolecular, a company that streamlines the manufacture of semiconductor components, has raised $20 million of an expected $30 million fourth round of funding from CMEA Ventures, Redpoint Ventures, Symyx Technologies and US Venture Partners.
The company recently announced a collaboration with chipmaker AMD for molecular self-assembly technology — in which molecules would arrange themselves without outside guidance to produce an intended effect. Many of its operations are devoted to research and development. Before this tranche, it had raised $38.5 million.
Next Story: A quad-core iPhone?
Previous Story: New York Times’ new API frees congressional data
About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.