Provigent takes $10M for wireless chips

Chip maker Provigent received $10 million in fifth-round funding, all from Lightspeed Venture Partners, to develop chips for 4G cellular base stations and wireless applications. The funds will also be used to extend sales efforts globally — the Santa Clara, Calif.-based company is already active in Europe and Asia.

Provigent has raised $51 million to date from the likes of Ascend Technology Ventures, Delta Ventures, Globespan Capital Partners, Magma Venture Partners, Pitango Venture Capital, Sequoia Capital,… Continue Reading

Provigent raises $16M for broadband wireless chip

Provigent, a Santa Clara, Calif. system-on-a-chip provider for the broadband wireless transmission market, said it has raised a $16 million fourth round of financing.

Globespan Capital Partners joined existing investors in the round, including Sequoia Capital, Pitango Venture Capital, Magnum Communications Fund, Ascend Technology Ventures, Delta Ventures, and Dr. Andrew Viterbi, co-founder of Qualcomm.