Mobius Microsystems raises $10.22M

Mobius Microsystems, a Sunnyvale, Calif. developer of precision-timing ICs, has raised $10.22 million in a second round of funding, according to a regulatory filing cited by PE Week. Return backers include Foundation Capital and Menlo Ventures.

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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.