SiGe Semiconductor Secures $43 Million in New Funding

SiGe Semiconductor, a start-up based in Ottawa, Canada with operations in Boston, San Diego and Hong Kong, raised US $42.8 million in Series B funding for its role as a supplier of analog integrated circuits for wireless access, cable telephony and high-speed optical systems. SiGe Semiconductor's integrated circuits are designed using silicon germanium, which improves performance, battery life and size of a wide range of wireless and broadband products. The new funding round was led by Boston-based TD Capital Technology Ventures, joined by new investors 3i US and Prism Venture Partners, along with returning investors VenGrowth Capital Partners, CDP Capital, Business Development Bank of Canada (BDC), Capital Alliance Ventures, and Canadian Science & Technology Growth Fund.
http://www.sige.com