Magnum Semiconductor, a Fremont, Calif. company that makes chips and software for DVD recorders, media centers, camcorders and other entertainment devices, has finished raising its $27 million round.
This was expected. Two weeks ago, we reported it had raised $20 million, and was expecting to raise another $7 million.
The financing round was led by Investor Growth Capital (as mentioned in our original post), but included new investments from WK
Technology Fund, KTB Ventures, and Gold Hill Capital, none of which were mentioned earlier. Return investors August Capital, and Investcorp Technology Partners, participated, as already reported.
(Originally written May 25)