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Flash startup gains funding

Mark Lapedus

8/3/2007 11:35 AM EDT

SAN JOSE, Calif. — Battery Ventures and Pitango Venture Capital have invested $17 million in a Series A round of funding in a new flash startup called Anobit Technologies Ltd.

Anobit, based in Herzelia, Israel, said it ''is a fabless semiconductor start-up company developing enabling technologies for the large and growing flash memory market.''





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