Monday, December 7, 2009

Arteris Raises $9.7M

San Jose-based Arteris, a developer of systems-on-a-chip interconnect IP, has raised $9.7M in what the firm says is a strategic round. Arteris said it raised the funding from Qualcomm Incorporate and ARM, new investors in the firm, along with existing investors Synopsys, DoCoMo Capital, Crescendo Ventures, TVM Capital and Ventech. The firm said the funding will go to expand its global sales and customer support infrastructure. More information »