Ubicom snaps up $4.4M for home networking processors
Home and entertainment processor maker Ubicom, known for making silicon chips used in consumer products like wireless routers, has brought in $4.4 million of a targeted $10 million round of preferred and common stock, according to a filing with the SEC. Based in San Jose, the company is backed by August Capital, Investorcorp Technology Partners, Tenaya Capital (formerly Lehman Brothers Venture Partners), Mayfield Fund and Levensohn Venture Partners. It last raised capital in January, bringing in $7 million from the same firms.
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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.
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