Innovative Silicon Raises $25 MIllion

Innovative Silicon Inc., a developer of ultra-dense memory IP, has raised $25 million in Series C funding. Wellington Partners Venture Capital was joined by return backers Austin Ventures, Auriga Partners, Highland Capital Partners and Index Ventures. The company is based in Santa Clara, Calif., with R&D facilities in Switzerland. It has now raised approximately $50 million in total VC funding.

PRESS RELEASE
Innovative Silicon Inc. (ISi), the developer of Z-RAM