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.