Discera pulls in funds for MEMS chips

Fabless chip maker Discera brought in a new round of funding exceeding $3.2 million from undisclosed investors. It will use the new money for development of its quartz-based timing products.

Previously, the San Jose, Calif.-based company has raised $35 million from backers including Ardesta, Horizon Ventures, Scale Venture Partners, Qualcomm Ventures and 3i Group.

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Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.

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