Provigent raises $16M for broadband wireless chip

Provigent, a Santa Clara, Calif. system-on-a-chip provider for the broadband wireless transmission market, said it has raised a $16 million fourth round of financing.

Globespan Capital Partners joined existing investors in the round, including Sequoia Capital, Pitango Venture Capital, Magnum Communications Fund, Ascend Technology Ventures, Delta Ventures, and Dr. Andrew Viterbi, co-founder of Qualcomm.

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Provigent raises $16M for broadband wireless chip

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Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.

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