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.
Discera, silicon based oscillator co., raises $17.5M
Discera, a San Jose company that has been developing an alternative to existing oscillators — the electronic heart beats in all digital devices — has raised $17.5 million in a third round of financing.
Discera is one of the first companies to start shipping a MEMS based oscillator, which relies on semiconductor technology, and which the company says is cheaper and more efficient than existing quartz crystal oscillators.
Analysts say the market for oscillators is about… Continue Reading