Friday, July 24, 2009

GTronix Raises $5.5M

Fremont-based GTronix, a developer of chips for sensor processing, has raised $5.5M out of an ongoing, $7M Series D fundraising effort, according to regulatory filings from the firm this week. The firm is backed by Jafco Ventures and Menlo Ventures. No details on the current round have been announced by the company. The funding brings the company's total raised to around $28.8M. More information »