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September 8th, 2003
Nantero, Inc. Announces $10.5MM in Funding
Nantero, Inc., a company that is currently developing NRAM(TM), a high-density nonvolatile random access memory chip using nanotechnology, announced today that it received its second round of investment. The new lead investor was Charles River Ventures, a firm with over 30 years of experience in high technology.
Returning existing institutional investors include Draper Fisher Jurvetson, based in Redwood City, California, along with Stata Venture Partners and Harris & Harris Group (Nasdaq: TINY). Bruce Sachs and Bill Tai, both Partners at Charles River Ventures, have joined Nantero's Board of Directors.
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