Friday, November 19, 2010

Avnera Raises $10M

Beaverton, Oregon-based Avnera, a developer of low power semiconductors for the wireless audio and video market, has raised $10M in a equity funding round, according to a regulatory filing by the firm. Source of the new funding was not disclosed. Avnera has previously raised capital from Altien Ventures, Bessemer Venture Partners, Best Buy, DAG Ventures, Intel Capital, Jafco, Onkyo, Panasonic Venture Group, Polycom, and Redpoint Ventures. The firm last raised a Series D round in January worth around $10M. More information »