Mini-hard drive specialist lands $51 million

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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=http://news.com.com/2100-1047_3-5153631.html]CNet News[/URL].

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