Multigig Raises $12.5M For Timing Chips
Scotts Valley-based Multigig said today that it has raised $12.5M in a Series B funding round. The round came from CMEA Ventures, Sierra Ventures, and Hi-Tech Venture Capital. According to the firm, Faysal Sohail of CMEA, Ben Yu of Sierra, and Aurangzeb Khan have all joined the firm's board of directors. Multigig develops clock and timing technology for the semiconductor industry. According to the company, the funding will go to accelerate the rollout of its line of high performance timing products and to complete a new IC architecture for the wireless infrastructure area.
posted on Monday, May 12, 2008 (Link to more information)
Related companies:
MULTIGIG
Related stories:
> SiTime Raises New Funding For MEMS Timing Chips
> Mobius Microsystems Snags $10.22M For Timing Chips
> Micrel Buys PhaseLink
> Silicon Clocks Raises $10.3M
> Spectra Linear Gets $14M In Series B
silicontap.com Home