Ubicom, a media chip company targeting networked home devices, raises $18M more
Ubicom, a Sunnyvale, Calif. company that provides communications processor and software technology to help connect devices in the home over high-speed networks, said it has raised a $18 million fourth round of funding.
The round was led by Lehman Brothers Venture Partners and Samsung Venture Investment Corporation and included other existing investors.
Brian Melton, a partner in Lehman Brothers Venture Partners, will join the board of directors, the company said.
Here’s a self-description of the company:
Ubicom develops communications… Continue Reading