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Financing : Europe Last Updated: Jan 5th, 2007 - 07:49:55


Chipidea Raises 5M EUR in Series C Funding

Location: Lisbon, Portugal
Date: Jan 5, 2007

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Chipidea, the leading analog and mixed-signal semiconductor solutions provider, today announced that it has closed a series C funding round for a total of 5M Euros from sole investor Fundo de Capital de Risco para Investidores Qualificados ES Ventures II (ESV), a fund managed by Espirito Santo Ventures, a leading Portuguese private equity company within the BES Group.


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Chipidea

FIRMS

Chipidea is the world's number one analog/mixed-signal merchant technology supplier targeting fast-growing market segments like wireless communications, digital media and consumer electronics. Chipidea supports blue-chip customers across the globe, has an impeccable reputation for delivering high-quality products and is known for its reliable execution. Chipidea licenses its technology to leading companies in these and other key markets, delivering everything from precision single-function blocks to full analog sub-systems.

Espirito Santo Ventures is a venture capital firm of Espirito Santo Group, providing equity financing, management support and market expertise to promising companies with talented and ambitious entrepreneurs who have developed innovative products, services and business models.


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