SWEDEN- Creandum, Teknoinvest and Grande Ventures invests $6m in Mitrionics

Mitrionics AB, software developer, has received $6m of funding from three investment firms: Grande Ventures, LLC, a United States-based firm and lead investor in this round, and Creandum and Teknoinvest. Creandum and Teknoinvest are both previous shareholders in Mitrionics. Mitrionics will use the funding to further enhance its technological and market leadership in FPGA-based accelerated computing by expanding its international sales and support operations and increasing its research and development efforts.