Tech Company Financing Transactions

Stretch Funding Round

Stretch, based in Sunnyvale, raised $15 million from Menlo Ventures, Oak Investment Partners and Worldview Technology Partners.

Transaction Overview

Company Name
Stretch
Announced On
3/27/2008
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors

Menlo Ventures (Lead Investor) (Hal Calhoun)

Oak Investment Partners (Lead Investor) (Bandel Carano)

Worldview Technology Partners (Lead Investor) (James Wei)

Proceeds Purpose
Craig Lytle, president and CEO of Stretch said, "The additional capital will fund product deployment and customer support following the enormously successful release of the S6000 family Reference Design Kits."

Company Information

Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
1322 Orleans Drive
Sunnyvale, CA 94089
USA
Phone
(408) 543-2700
Website
www.stretchinc.com
Email Address
[email protected]
Overview
Stretch Inc. is delivering a family of software configurable processors, the first to embed programmable logic within the processor.
Profile
Stretch LinkedIn Company Profile
Social Media
Stretch Company Twitter Account
Company News
Stretch News
Facebook
Stretch on Facebook
YouTube
Stretch on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Craig Lytle
  Craig Lytle LinkedIn Profile  Craig Lytle Twitter Account  Craig Lytle News  Craig Lytle on Facebook
VP - Engineering
Thomas Daniel
  Thomas Daniel LinkedIn Profile  Thomas Daniel Twitter Account  Thomas Daniel News  Thomas Daniel on Facebook
VP - Marketing
Rober Beachler
  Rober Beachler LinkedIn Profile  Rober Beachler Twitter Account  Rober Beachler News  Rober Beachler on Facebook
VP - Sales
Thomas Stengel
  Thomas Stengel LinkedIn Profile  Thomas Stengel Twitter Account  Thomas Stengel News  Thomas Stengel on Facebook

 

 

Browse more venture capital transactions:

Prev: 3/27/2008: Solera Networks venture capital transaction
Next: 3/28/2008: Glassdoor venture capital transaction

 

Share this article

 

Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC transactions reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.