Semiconductor co. GTronix raises $5.5M
Fremont, Calif.-based fabless semiconductor maker GTronix has brought in $5.5 million of an anticipated $7 million round of equity, reports VentureWire. The company previously raised $23 million from Jafco Ventures and Menlo Ventures.
GTronix makes chips for acoustic, speech and image processing, among other applications.
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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.