Wednesday, June 15, 2011

Active-Semi Gets $6M In Debt

San Jose-based Active-Semi, which designs and sells analog semiconductors for the mobile market, has scored $6M in debt financing from Silicon valley Bank, the firms said today. According to the companies, Active-Semi will use the new working capital to finance account receivables in Hong Kong. Active-Semi is venture backed by U.S. Venture Partners, Tenaya Capital, Selby Ventures, and others.