Ubicom snaps up $4.4M for home networking processors

Home and entertainment processor maker Ubicom, known for making silicon chips used in consumer products like wireless routers, has brought in $4.4 million of a targeted $10 million round of preferred and common stock, according to a filing with the SEC. Based in San Jose, the company is backed by August Capital, Investorcorp Technology Partners, Tenaya Capital (formerly Lehman Brothers Venture Partners), Mayfield Fund and Levensohn Venture Partners. It last raised capital in January, bringing in $7 million from the same firms.

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