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
BroadLight, supplier of passive optical network equipment, raises $12M
BroadLight, a supplier of “gigabit passive optical network” (GPON) semiconductors and software, said it has raised a $12 million fifth round of financing.
The round was led by Benchmark Capital, and included existing investors Azure Capital Partners, Broadcom, Cipio
Partners, Delta Ventures, Israel Seed Partners, Motorola Ventures, Star Ventures and
Tellabs.
BroadLight, of Mountain View, Calif., has raised about $50 million, but it is not yet profitable.
Last year, another PON company, Passave Inc, was bought by PMC-Sierra Inc. for… Continue Reading
BroadLight, optical communications co, raises $12M more
Israeli optical communications start-up BroadLight Inc, which also has offices in Mountain View, Calif., has raised $12 million in its fifth round of financing.
Benchmark Capital led the round. Existing shareholders include Motorola Ventures, Azure Capital Partners, Delta Ventures, Israel Seed Partners, Star Ventures, Cipio Partners, Broadcom Corporation and Tellabs Inc.
BroadLight has raised $50 million since 2000.
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.