Marseille Networks Obtains $4,500,000 Series B Financing

  • Feed Type
  • Date
    4/5/2011
  • Company Name
    Marseille Networks
  • Mailing Address
    3211 Scott Blvd. Santa Clara, CA 95054
  • Company Description
    As the leader of a new wave of fabless semiconductor companies and creator of chip virtualization and Quad-HD video processing technology, Marseille has pioneered a method allowing it to bring new chips to market quickly, cost-effectively and collaboratively.
  • Website
    http://www.marseilleinc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    With these funds, Marseille plans to kick off the production process for its first line of physical chips, the VTV-1200 series of complex Quad HD video upconverter processor for the BluRay DVD, AVR, All-in-One PC, and set top box markets.
  • M&A Terms
  • Venture Investor
    Undisclosed