SVTC Raises $34 Million
Silicon Valley Technology Center has raised $34 million in new equity funding from existing backers Oak Hill Capital Partners and Tallwood Venture Capital, who bought the company in 2007 for approximately $53 million in cash from Cypress Semiconductor. SVTC gives startups and established companies the opportunity to develop and characterize novel silicon-based technologies cost effectively using a shared R&D environment.
6 May 2009•3 mins read
