Europe
Chipidea Secures 12M Euro in Series B Funding
By Lisbon, Portugal
May 16, 2005, 07:18

Chipidea, the leading analog and mixed-signal semiconductor solutions provider, today announced that it has closed a Series B funding round for a total of 12M Euro led by Kennet Venture Partners. Kennet was joined in this round by Vision Capital and Chipidea's Series A investors BCP Capital and BPI/Fundo Caravela.

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Chipidea Microelectronica SA

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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. Chipidea employs 180 people in its research and development, and sales and marketing offices across Europe, Asia and North America. Founded in 1997.