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Symwave Raises $4 Million from SMSC

Posted on: August 9, 2009 by PEHub AdministratorNo Comments »

Symwave Inc., a Laguna Nigel, Calif.-based chipmaker focused on “sync-and-go” applications, has raised $4 million from SMSC (Nasdaq: SMSC), as part of a strategic partnership. The company previously raised around $25 million in VC funding, including a $10.18 million Series C extension late last year at a pre-money valuation of around $27.6 million. Participants on that deal included CMEA Capital and Kodiak Venture Partners.

Symwave Raises $10 Million

Posted on: December 4, 2008 by PEHub AdministratorNo Comments »

Symwave Inc., a Laguna Nigel, Calif.-based chipmaker focused on “sync-and-go” applications, has raised $10.18 million in additional Series C funding, at a pre-money valuation of around $27.6 million. Participants included CMEA Ventures and Kodiak Venture Partners. The company has now raised around $25 million in total VC funding. www.symwave.com