Provigent, system-on-a-chip for wireless, raises more cash

Provigent, a Santa Clara provider of system-on-a chip for wireless broadband transmission, said it has raised $17 million total in a fourth round of financing.

Stata Venture Partners joined existing backers Sequoia Capital, Pitango Venture Capital, Globespan Capital Partners, Ascend Technology Ventures, Magma Venture Partners, Delta Ventures, and Dr. Andrew Viterbi, co-founder of Qualcomm. The company had already announced raising the fourth round in March, and Stata added money to the round.

It said Ray Stata, co-founder and chairman of Analog Devices, will join its advisory board.

The company has now raised $38 million since 2000.

Next Story: LV Sensors, a car brake sensor company, raises $15M
Previous Story: Rejected by Sequoia, HRJ Capital roams abroad to invest

Bookmark and Share

Tags: , ,

Photo of Matt Marshall

About the Author, Matt Marshall

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