Artimi Raises $26.5M

Santa Clara-based Artimi has raised $26.5M in financing, in a Series B funding, the firm announced today. the investments came from existing investors Accel Partners, Amadeus Capital Partners, and Index Ventures. Other investors in the round included Oak Investment Partners and new investor Bank of Scotland Growth Equity. Artimi is developing wireless semiconductors for the USB consumer electronics market. The funding raises the company's total to $45M. More information »