Vivace Semi Closes Series A

Vivace Semiconductor Inc., a Beverley, Mass.-based video chip maker, has raised $7 million in additional Series A funding. The round is now closed at $10 million. Hotung Capital Management and China Renaissance Capital Investment came in as new backers on the second-tranche. Kodiak Venture Partners led the overall round, with Dragonvest also participating. www.vivacesemi.com