Khosla Backs Artimi

Artimi Ltd., a Santa Clara, Calif.-based fabless semiconductor company developing single-chip solutions for high bandwidth wireless connectivity based on UWB, has raised $5 million in additional Series B funding from new backer Khosla Ventures. This brings its Series B total to $31.5 million, including a first close in December from Accel Partners, Amadeus Capital Partners, Index Ventures, Oak Investment Partners and Bank of Scotland Growth Equity. The company has raised over $50 million in total VC funding since its 2002 inception.