Magnum Semi Raising Series C

Magnum Semiconductor Inc., a Fremont, Calif.-based supplier of ICs, software and reference platforms for audio and video content, has secured $20 million of a $27 million Series C round, according to a regulatory filing. Investor Growth Capital was joined by return backers August Capital and Investcorp Technology Ventures. Magnum was spun out of Cirrus Logic in 2005.