eAsic takes $7M for integrated circuit technology
eAsic, provider of integrated circuit technology tailored to specific applications, has brought in $7 million of an expected $12 million round of convertible promissory notes, according to a filing with the SEC. Based in Santa Clara, Calif., the copany is backed by Advanced Equities, Crescendo Ventures, Khosla Ventures, Kleiner Perkins Caufield & Byers, and Evergreen Partners.
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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.