Mobius Microsystems Snags $10.22M For Timing Chips
Sunnyvale-based Mobius Microsystems said late Monday morning that it has closed a Series B round of funding, worth $10.22M. The round came from Foundation Capital, Menlo Ventures, and RPM Ventures, all of them current investors in the firm. Mobius Microsystems is developing CMOS-based, oscillators used for electronic timing circuits; the firm expects its products to replace quartz-based crystal oscillators. Other firms also developing silicon timing chips include SiTime, Silicon Clocks, Discera along with Maxim and Linear Technologies.
posted on Monday, December 10, 2007 (Link to more information)
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