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back to article SandForce gets another $21m funding

Solid state drive (SSD) controller start-up SandForce has landed $21m of C-round funding, just eight months after a $20m-plus B-round. Why does a fabless silicon startup need that much cash? SandForce is developing SoC (System on Chip) products that, it says: "boost the storage I/O performance of next generation servers, …

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  1. AlistairJ
    Alert

    Twenty one million dollars!

    (best said in Dr Evil voice from Austin Powers)

    ... may pay a few lowly engineers salaries but doesn't buy many silicon tape-outs these days.

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  2. amanfromMars 1 Silver badge

    Some things are just not going to be known until a little/much later.

    "Twenty one million dollars can hire a heck of a lot of people, yet SandForce has just nine jobs posted on TechIt; there's no major ongoing recruitment drive. So what is the money needed for?"

    It can also purchase some very interesting innovative and disruptive intellectual property to capture a Prime Market Sector too ..... which would be the money exceedingly well spent/invested, Chris.

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