Triscend Corporation, a provider of Configurable System-on-Chip (CSoC) technology for the communications market, announced the close of $27 million in venture capital financing. The investment enhances Triscend's current financial strength and ability to support its tier-one customers, and brings to Triscend valuable long-term investors and strategic business partners. To date, Triscend has raised more than $67 million to grow its CSoC business.
The investors that contributed to this round are in finance and technology, including Berkeley International Capital Corporation, WK Technology Fund, Quanta Computer Inc. and Wind River Systems, Inc. Investors from previous rounds, including United Venture, also participated in this new round of financing.
About Triscend:
Triscend Corporation is a provider of Configurable System-on-Chip (CSoC) devices: a single-chip combination of a dedicated industry-standard microprocessor, embedded programmable logic, a dedicated system bus, and memory. For more information, visit www.triscend.com.