Tuesday, June 9, 2009

Silicon Clocks Raises $10.3M

Fremont-based Silicon Clocks, a developer of mixed-signal ICs for electronic timing, disclosed today that it has completed a $10.3M funding round. The Series C funding came from prior investors, including Tallwood Venture Capital, Charles River Ventures, Formative Ventures and Lux Capital, along with strategic investor Silicon Labs. According to the firm, the new funding will allow it to ramp its products to ful production, and also transition its process technology into commercial products. Silicon Clocks' products use MEMs oscillator technology to embed timing circuits into semiconductors, and are an alternative to discrete timing devices currently used in electronics. More information »