Wednesday, March 7, 2007

Pixim Raises $15M

Mountain View-based Pixim, a developer of chipsets for digital video capture, announced today that it has raised $15M in additional funding. The funding came from Tallwood Venture Capital, Ridgewood Capital, Mayfield Fund, and other investors. According to the firm, it will use the funding for new product development and general working capital. Pixim's video capture chips are used in the security and surveillance market. More information »