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TelASIC Raises $12.5 Million

TelASIC Communications, an El Segundo, Calif.-based maker of remote radio head products for base-station OEMs, has raised $12.5 million in fifth-round funding. ATA Ventures led the deal, and was joined by existing shareholders Mission Ventures and Redpoint Ventures. But not all past backers participated. The company previously raised around $84 million since 2002