Summary:

Finally, Aarohi Communications, a firm developing ASICs for storage applications, has raised another $6 million in Series B funding, VentureWire has learned. This financing is the continuation of the round that raised $8 million in December 2002, and Aarohi plans to raise another $6 million to […]

Finally, Aarohi Communications, a firm developing ASICs for storage applications, has raised another $6 million in Series B funding, VentureWire has learned. This financing is the continuation of the round that raised $8 million in December 2002, and Aarohi plans to raise another $6 million to complete the round within two months. New investor McData takes the lead for this tranche, though the terms are the same as the earlier tranche, led by Intel Capital. – By John Fuller

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