Enuclia Goes Under

Enuclia Semiconductor Inc., a Beaverton, Ore.-based fabless chipmaker for flat-panel televisions, has gone out of business. The company had raised $18 million in VC funding, including a 2006 Series B round at a $33 million post-money valuations from Menlo Ventures, Sevin Rosen Funds and Scale Venture Partners. The Portland Business Journal reports that the company had agreed on terms for a $20 million Series C deal with existing shareholders, but that the deal fell apart once one of the firms pulled out at the “11th hour.” It is unclear which firm bailed first. www.enuclia.com