Sunnyvale, Calif. -- Stretch Inc., a Sunnyvale-based developer of software configurable processors, said on Monday that it has raised $12 million in its second round of funding, co-led by Worldview Technology Partners, Oak Investment Partners and Menlo Ventures. The company said that it will use the proceeds to continue rolling out its latest family of processors embedded with programmable logic, which enable video, imaging and wireless signal processing. The company's devices are used in video processing, machine vision and wireless applications. Stretch currently has more than 60 employees.
http://www.stretchinc.com/news/pr_060407.php
http://www.stretchinc.com/
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