Deals

SpectraLinear nabs $9.8M for computing timers

SpectraLiner, a company that provides internal clocking devices used in computing and internet communications systems, has raised $9.84 million in third-round funding, according to peHUB. It hasn’t disclosed plans for the new money but currently has six products on the market.

The Santa Clara, Calif. firm had previously raised $28 million and a $3 million bridge loan. Its investors include Horizon Ventures, Cypress Semiconductor, InterWest Partners, Norwest Venture Partners and Velocity Interactive Group.

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