NANTERO SECURES MORE THAN $30MM IN FUNDING

WOBURN, Mass. (Feb 4, 2015) – Nantero, Inc., the nanotechnology company developing next-generation memory using carbon nanotubes, today announced the closing of an over $30 million Series E financing round. The round was substantially oversubscribed and included both venture and strategic corporate investors. Among the participants in the round were Charles River Ventures, Draper Fisher Jurvetson, Globespan Capital Partners, and Harris & Harris Group. Nantero is now actively working in partnerships with over a dozen major corporations in various areas of the semiconductor and electronics industries.

“This round demonstrates the active and sustained commitment of Nantero’s investors, which is based on its measurable progress with a large number of customers,” said Bruce Sachs, General Partner, Charles River Ventures. “Nantero is actively developing multiple high-value products with heavily engaged customers.” Dr. Thomas Rueckes, co-founder and CTO of Nantero, Inc., added, “This round is helping us expand our efforts to support our many customers and has allowed us to add a number of memory industry veterans to our world-class technical team.”

About Nantero

Nantero is a nanotechnology company using carbon nanotubes for the development of next-generation semiconductor products. Nantero’s main focus is the commercial introduction of NRAM™ –a high-density high-speed nonvolatile random access storage device. The applications for the nonvolatile RAM Nantero is developing include smartphones, tablets, enterprise systems, notebook and desktop computers, as well as applications in the industrial arena including areas requiring high reliability under adverse conditions such as heat or radiation. NRAM™ can be manufactured for both standalone and embedded memory applications. Nantero is also working with licensees on the development of additional applications of Nantero’s core nanotube-based technology. For more information on Nantero, Inc. please visit www.nantero.com or email info@nantero.com




Review Article Be the first to review this article
CST: Webinar

Aldec Simulator Evaluate Now

Featured Video
Jobs
RF IC Design Engineering Manager for Intel at Santa Clara, CA
DSP Tools Engineer for Cirrus Logic, Inc. at Austin, TX
Senior PIC Test Development Engineer for Infinera Corp at Sunnyvale, CA
Senior DSP Firmware Engineer for Cirrus Logic, Inc. at Austin, TX
ASIC Design Engineer for Infinera Corp at Sunnyvale, CA
Upcoming Events
Essentials of Electronic Technology: A Crash Course at Columbia MD - Jan 16 - 18, 2018
Essentials of Digital Technology at MD - Feb 13 - 14, 2018
IPC APEX EXPO 2018 at San Diego Convention Center San Diego CA - Feb 24 - 1, 2018
CST: Webinar series
TrueCircuits: IoTPLL



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise