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
Kotura raises $10M for silicon photonics
Silicon photonics product maker Kotura has raised $10 million in a third round of funding.
New investor Rockley Ventures led the round. Rockley is the private technology investment portfolio of Dr. Andrew Rickman, who is also the new chairman of Kotura’s board of directors. ComVentures, GF Private Equity, and the Viterbi Group also participated in the round.
VentureWire reports that Kotura will use the money to expand its manufacturing and for research and development, particularly in optical… Continue Reading