eASIC Closes $23.5M Growth Capital Financing

eASIC Corporation, a Santa Clara, California-based fabless semiconductor company, closed a $23.5m growth capital financing.

Backers included Khosla Ventures, Kleiner Perkins Caufield and Byers, Crescendo Ventures, Seagate Technology and Evergreen Partners.

eASIC intends to use the funds to expand its US and European development organizations and for working capital purposes.

Led by Ronnie Vasishta, President and CEO, eASIC offers Single Mask Adaptable ASIC devices aimed at reducing the overall cost and time-to-production of customized semiconductor devices.



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