Mirics Secures $13,000,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f9567b89-fd18-42c5-ab2d-155464732eb7&Preview=1
Date
7/13/2010
Company Name
Mirics
Mailing Address
1250 Oakmead Pkwy Sunnyvale, CA 94085
Company Description
Mirics is a system solutions company developing silicon and software platforms. Leveraging the innovation and commercial skills of a world-class team, Mirics has combined reconfigurable silicon techniques with proprietary algorithmic IP to realise the dream of converged connectivity.
Website
http://www.Mirics.com
Transaction Type
Venture Equity
Transaction Amount
$13,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The firm said the funding will go towards growing market share for its product.
M&A Terms
Venture Investor
Pond Venture Partners Ltd
Venture Investor
Intel Capital
Venture Investor
Undisclosed