Chip company Teranetics raises $25M
Teranetics, a Santa Clara, Calif.-based chip company, has raised $25 million in a fourth round of funding, PEWire reports. The company has raised $53 million since 2003.
The current round included Columbia Capital, Granite Global Ventures, Global Catalyst Partners, Venrock and U.S. Venture Partners.
Teranetics serves the 10-gigabit Ethernet copper channel market. Read our previous coverage here.
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About the Author, Anthony Ha
Anthony is VentureBeat's assistant editor, as well as its reporter on enterprise technology, cloud computing, and tech policy. Before joining VentureBeat in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. You can also follow Anthony on Twitter.