Xconomy Boston

CHiL Semiconductor Receives $16,700,000 Series C Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5928d207-98ff-47e9-aba5-78146e7b7264&Preview=1
Date
5/6/2008
Company Name
CHiL Semiconductor
Mailing Address
One Highwood Drive Tewskbury, MA 01876
Company Description
CHiL Semiconductor Corp. is a fabless semiconductor company that designs, develops and markets intelligent mixed-signal semiconductors for the power management market, implementing unique digital control and striving to create energy efficient solutions.
Website
http://www.chilsemi.com
Transaction Type
Venture Equity
Transaction Amount
$16,700,000
Transaction Round
Series C
Proceeds Purposes
The proceeds will fund the expansion of worldwide sales efforts and support ongoing product development for CHiL’s family of power management ICs.
M&A Terms
Venture Investor
Panorama Capital
Venture Investor
Flybridge Capital Partners (AKA IDG Ventures Boston)
Venture Investor
iD Ventures America
Venture Investor
Highland Capital Partners