Wednesday, May 6, 2009

SVTC Technologies Gets $34M

San Jose-based SVTC Technologies, a provider of development and commercialization services for the semiconductor industry, said Wednesday that the firm has raised $34M in a funding round from existing investors Oak Hill Capital Partners and Tallwood Venture Capital. The firm, which provides semiconductor foundry services and research and development support, will use some of the new funding for additional expansion into analog technology, bio-devices, and optical components. SVTC is a spinout of Cypress Semiconductor. More information »