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  • SiliconBlue Scores $18 Million In Series D Funding

    Robin Wauters

    Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

    Wednesday, June 29th, 2011

    SiliconBlue Technologies, which offers custom solutions for handset applications, including IP, design services as well as low-power, single-chip, CMOS SRAM mobileFPGA devices, has raised $18 million in Series D financing.

    The capital injection comes from private equity firm Atlantic Bridge, with the existing group of investors including BlueRun Ventures, Crosslink Capital, NEA and Apex Venture Partners all participating in the round.

    SiliconBlue says proceeds from the financing round will be used to bring its 40-nm, ultra-low power, standard CMOS process mobileFPGA device families to market.

    Kapil Shankar, CEO of SiliconBlue, says the funding will “support the rollout of our next-generation 40-nm families targeting support of the explosion of sensors in handheld applications as well as support of DVI and MIPI interfaces designed for video, multi-display, and high-bandwidth memory interface applications”.

    Brian Long, a Partner at Atlantic Bridge, has been elected to the SiliconBlue board of directors.