SpectraLinear nabs $9.8M for computing timers
SpectraLiner, a company that provides internal clocking devices used in computing and internet communications systems, has raised $9.84 million in third-round funding, according to peHUB. It hasn’t disclosed plans for the new money but currently has six products on the market.
The Santa Clara, Calif. firm had previously raised $28 million and a $3 million bridge loan. Its investors include Horizon Ventures, Cypress Semiconductor, InterWest Partners, Norwest Venture Partners and Velocity Interactive Group.
Next Story: Concentric Medical closes $15M to ease stroke symptoms
Previous Story: CES: Palm shows off its Palm Pre gesture-based smart phone
Tags: co:SpectraLinear, inv:Cypress Semiconductor, inv:Horizon-Ventures, inv:Interwest-Partners, inv:Norwest-Venture-Partners, inv:Velocity-Interactive-Group
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.