Monday, June 7, 2010

SiliconBlue Raises $15M

Santa Clara-based SiliconBlue Technologies, a developer of single-chip, low power FPGA devices aimed at the mobile market, said Monday that it has raised $15M in a Series C funding round. The round was led by Apex venture Partners, and also included NEA, Crosslink Capital, and BlueRun Ventures. According to SiliconBlue, the funding will go tramp the firm's manufacturing, sales channel, and for development of future products. Armando Pauker of Apex joins the firm's board along with the funding. More information »