Stealthy R2 Semiconductor nabs $2M

Chip startup R2 Semiconductor, based in Sunnyvale, Calif. just brought in $2 million of an anticipated $12 million first round of funding, according to peHUB. The investment came from Sigma Partners and Morgenthaler Venture Partners. The company itself doesn’t even have a web site, and very little information on its activities has been released.

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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.