Chip designer AmmoCore Technology said Monday it received a $14 million second round of funding. The Santa Clara, Calif.-based company received investments from Bay Partners, Telos Venture Partners, Donald L. Lucas, Crescent Ventures, Cadence Design Systems and RWI Group. AmmoCore
has raised a total of $16.5 million and received an increase in valuation with this latest round.
The company designs and licenses large semiconductor chips of 3 million to 4 million gates, which basically serves as circuitry that channels electrical signals around the chip based on complicated design rules. AmmoCore's technology also focuses on speeding the design process.
See complete list.