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Aristos Logic Locks Onto $15M

Processor startup Aristos Logic clinched $15 million in a Series F funding round today, as the vendor plans to launch the next generation of its technology and take on chip giant Intel. (See Aristos Processes $15M.)

The round was led by a new, unnamed investor and also included existing investors Panorama Capital, TPG Ventures, Woodside Fund, and QTV Capital. The round, which tops the $12 million Series D the firm received in late 2004, brings Aristos's total funding to $80 million. (See Aristos Logic Gets $12M, Startups Tap VC Reserves, and Aristos Logic Raises $20M.)

The startup's RAID chip has been on the market since late 2002, and Aristos unveiled the second generation of its technology last year. (See Aristos Arrives, Aristos Launches Storage Chip, Aristos Releases 4-Gig Controller, and Four-Gig HBAs on Parade.)

"We're focusing on getting several OEMs to market with the product, so the money is being spent on development and support for customers," said Adam Zagorski, Aristos director of marketing. "We may be recruiting some engineers, but the support and test infrastructure is where this money is being spent."

A chunk of this latest round will also be spent developing the startup's next generation of chips, which will be released "fairly shortly" according to Zagorski. Without specifying when exactly, he confirmed that the new chip will have tighter integration with SAS and SATA than current technology.

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