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Interactive Silicon receives $12.9 million

Interactive Silicon announced on Monday it received a $12.9 million third round of funding, led by Castletop Capital--co-founded by former Dell Computer Vice Chairman Mort Topfer--and Techno Venture Management. Also participating were Austin Ventures, Band of Angels Fund, Convergent Investors, Dell, Dieckell Vermogensverwaltungs, Siemens Venture Capital and Technology Associates Management. Austin, Texas-based Interactive Silicon, which has raised a total of $19.4 million, is developing technology to compress data when accessing, transmitting or storing data. The company plans to initially target the server market when it launches its technology later this year. See complete list.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Interactive Silicon announced on Monday it received a $12.9 million third round of funding, led by Castletop Capital--co-founded by former Dell Computer Vice Chairman Mort Topfer--and Techno Venture Management. Also participating were Austin Ventures, Band of Angels Fund, Convergent Investors, Dell, Dieckell Vermogensverwaltungs, Siemens Venture Capital and Technology Associates Management. Austin, Texas-based Interactive Silicon, which has raised a total of $19.4 million, is developing technology to compress data when accessing, transmitting or storing data. The company plans to initially target the server market when it launches its technology later this year.

See complete list.