Semiconductor co. GTronix raises $5.5M

Fremont, Calif.-based fabless semiconductor maker GTronix has brought in $5.5 million of an anticipated $7 million round of equity, reports VentureWire. The company previously raised $23 million from Jafco Ventures and Menlo Ventures.

GTronix makes chips for acoustic, speech and image processing, among other applications.

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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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