Article: eASIC Secured $17M Funding from New Investors Crescendo and Evergreen and from Existing Investors KPCB and Vinod Khosla.

SAN JOSE, Calif. -- Crescendo and Evergreen have Joined Kleiner Perkins Caufield & Byers (KPCB) and Vinod Khosla in Supporting eASIC's Innovative Programmable ASIC Products

eASIC(R) Corporation, a provider of Programmable ASIC products including Configurable Logic and Structured ASIC, today announced that it has secured $17 Million in equity financing from two new investors Crescendo Ventures, who led this round, and Evergreen Venture Partners as well as from existing investors Kleiner Perkins Caufield & Byers (KPCB) and Vinod Khosla. The funding will be used for expanding global operations and sales and further developing the company's Programmable ASIC products ...

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