Discera pulls in funds for MEMS chips

Fabless chip maker Discera brought in a new round of funding exceeding $3.2 million from undisclosed investors. It will use the new money for development of its quartz-based timing products.

Previously, the San Jose, Calif.-based company has raised $35 million from backers including Ardesta, Horizon Ventures, Scale Venture Partners, Qualcomm Ventures and 3i Group.

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About the Author, Camille Ricketts

Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.

With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.