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Stretch raises $10M in mezzanine fundingNovember 11, 2009 10:07 AM ETStretch Inc., a maker of software configurable processors, said Wednesday it raised $10 million in mezzanine funding. The Sunnyvale company's CEO, Bob Beachler, said 2009 was "a watershed year for Stretch," with third quarter revenue growing four times over the previous quarter. The round was co-led by existing investors Worldview Technology Partners, which has an office in San Mateo; Oak Investment Partners, which has an office in Palo Alto; and Menlo Park-based Menlo Ventures. Stretch, which has about 60 employees, said it plans to use the new funding to support increased manufacturing capacity and tape-out of its third generation of devices. Copyright 2009 bizjournals.com
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