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Bitwave Raises $1.3M of $6M Round

Wade Roush 11/6/09

Bitwave Semiconductor of Chelmsford, MA, has raised $1.33 million out of a planned $6 million Series C equity funding round, according to regulatory documents. The company makes radio-frequency integrated circuits for portable devices. Bitwave collected $10 million in Series B funding from Apex Venture Partners, TVM Capital, and ECentury Capital Partners in August, 2008.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.


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