Thursday, August 9, 2007

Parade Technologies Lands $14.5M

Sunnyvale-based Parade Technologies, Ltd, which develops digital video interface semiconductors, said yesterday that it has raised $14.5M in a Series B investment. The round was led by AsiaVest Partners, and also included Intel Capital and Legend Capital. Parade Technologies said the funds will be used to accelerate growth, especially in marketing and development of its products. Parade develops mixed-signal ICs used for HDMI and DisplayPort video interfaces. Parade maintains its design center in Shanghai, China. More information »