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Amalfi Semiconductor Fuels Explosive Growth With $24 Million in Series C Funding.

Publication: PR Newswire
Publication Date: 10-AUG-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Lead Investor Battery Ventures and Existing Venture Investors DCM, Globespan Capital Partners and Trinity Ventures Participate in New Round of Funding

LOS GATOS, Calif., Aug. 10 /PRNewswire/ -- Amalfi Semiconductor, a developer of high-performance, CMOS Radio Frequency (RF) and mixed-signal semiconductors, today announced that it has received $24 million in Series C funding from four investment firms. The Company is anticipating explosive revenue growth in upcoming months for its advanced CMOS power amplifier products, which offer significant cost, size and power advantages to cellular handset manufacturers. This new investment will fund Amalfi Semiconductor's operations to support this growth, as well as allow expanded product development and marketing efforts.

The investment was led by Battery Ventures. Existing venture investors, DCM, Globespan Capital Partners and Trinity Ventures also participated in this third-round funding. Amalfi Semiconductor also today announced that Ken Lawler, Battery Ventures...

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