Charlton Associates of Irvine announced Wednesday that...
- Share via
Charlton Associates of Irvine announced Wednesday that it has received $7.1 million in its latest round of venture capital financing. The investment brings to $26 million the amount that the computer disk maker has received since its creation in 1981.
The company said the new investment funds would be used for plant expansion, new-product manufacturing and debt retirement. The company recently signed a lease for an additional 65,000 square feet next to its 50,000 square-foot main manufacturing facility to handle its new product line.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.