Mini-hard drive specialist lands $51 million

[Julio Franco]

A Colorado start-up that makes tiny hard drives has landed some big bucks.

Longmont-based Cornice said on Wednesday that it has received $51 million in a second round of venture financing, bringing the total to $81 million. The hefty investment is an indication that venture funding for technology is picking up and that hard drives are becoming more crucial to consumer electronics devices.

Read more: CNet News.

 

[Masque]

You know, I wonder if that company has gone public yet? I'm not an investor in the broad sense, but this is one I'd be interested in. I think they're correct in the assessment of this technology. It's going to go a long way.