Tela Innovations funded for 45 nanometer chipmaking

Venture Beat — Thu, 28 Feb 2008 10:22:38 -0800

Tela Innovations is a Manhasset, New Yok company with a technology for manufacturing 45 nanometer chips, which are just coming to the consumer market with Intel’s Penryn processor.

The company uses computational lithography techniques to address a special problem encountered in the manufacture of extremely small chips, when the wavelength of light used in manufacturing begin to become larger than the chips themselves.

Intel Capital and AsiaTech Management became new investors for an undisclosed round in the company, its second. Previous investors include Sand Hill Finance Company, Teton Capital and Western Technology Investment.