ageia.gifAgeia, a Mountain View start-up that hopes to revolutionize the gaming industry with a chip that makes computer games more realistic, said that it has raised $27.5 million more in venture backing. Sorry, we are late in getting this to you. (Here is the Merc story that ran in yesterday’s paper)

Basically, it wants to do what Nvidia did a decade ago. Nvidia is now a $5 billion plus company.