Aliso Viejo-based SiliconSystems Inc. has closed a second round of funding, according to the company.
The amount of the round wasn’t disclosed. Michael Hajeck, founder and chief executive, said the round was “eight figures” and would sustain the company for three years.
SiliconSystems closed its first round of funding, worth $3 million to $5 million, last year.
Santa Monica’s Rustic Canyon Partners and San Diego’s Shepherd Ventures joined Corona del Mar-based Miramar Venture Partners, an existing investor, in the latest round.
SiliconSystems, which makes so-called “solid-state” storage products, isn’t profitable yet, according to Hajeck.
The company’s product looks like a 2.5-inch disk drive. Instead of the platters and heads found in disk drives, SiliconSystems’ devices are full of memory chips.
Like disk drives, they have a controller,a circuit board with chips,for connecting the device to a computer.
They’re designed to store small amounts of data, sometimes in hot, cold, dusty or otherwise tough settings.
The devices are used in medical instruments, video poker machines, electronic voting gear, corporate voice mail systems and military equipment.
