Bitwave Raises $1.3M of $6M Round

Wade Roush11/6/09

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 and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @