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Silicon Hive, a developer of processor cores for the systems-on-a-chip market, said Wednesday that it has raised $7M in a new round of venture funding led by Intel Capital. Prior investors New Venture Partners and TVM Capital also participated in the funding. The Eindhoven, Netherlands-based firm has its U.S. offices in Milpitas. The company said the funding will go to expand the global sales, marketing and customer support organization at the company.
posted on Wednesday, October 22, 2008 (Link to more information)

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