UK's picoChip Hitches $20M from Cautious VCs
alarmClock Nov 20 09At a time when venture investors are cautious, picoChip today announced that it has completed a $20M (€13M) round of funding. The round points not only to the confidence of investors but also to the leadership, strength and game-changing technology of picoChip, which has been a first mover in femtocell technology since 2005. Atlas Venture, Highland Capital Partners, Pond Venture Partners, Scottish Equity Partners, and Rothschild are some of the principal investors in picoChip, along with strategic investors AT&T, Intel and Samsung. picoChip is a pioneer and unsurprisingly the dominant supplier for femtocell silicon. Full story...
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