Mini-hard drive specialist lands $51 million

By on February 5, 2004, 2:23 AM
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: [URL=]CNet News[/URL].

User Comments: 1

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Masque said:
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.
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