Anobit Raises $17 Million

Anobit Technologies Ltd., a Herzelia, Israel-based fabless semiconductor startup focused on the NAND flash memory market, has raised $17 million in Series A funding. Battery Ventures and Pitango Venture Capital co-led the deal, with Battery's Scott Tobin and Pitango's Rami Beracha joining the Anobit board of directors. www.anobit.com