Lightchip gets new $60 million in financing....THis is really BIG..check out website of the new VC partner...http://www.berkeleyvc.com/, here are some very interesting quotes.......DISTINGUISHING FEATURES
- Nearly 20 years of experience in the private capital markets
- Over $1.7 billion invested in later-stage private companies over our operating history
- Access to substantial capital through our parent company and its life insurance subsidiary
- Transaction close possible within two weeks of investment commitment
- A subsidiary of London Pacific Group Limited, a group with over $4.3 billion of assets under management or administration We look for investment opportunities that offer the potential for significant capital appreciation. Investments are typically made in later-stage companies as development capital.
These companies are near alpha test of their launch product and need to scale up their engineering, marketing and sales infrastructure. Companies at this stage will typically be in a position to achieve an IPO or sale to another company within a reasonably short period of time. COMPANIES THEY HAVE PUT $$$$ into Adaptec, Inc.
Advanced Cardiovascular Systems
Altera Corporation
America Online, Inc.
Atmel Corporation
Broderbund Software, Inc.
Cadence Design Systems, Inc.
Cirrus Logic, Inc.
ConvergeNet Technologies, Inc. (acquired by Dell Computer Corp.)
Cypress Semiconductor Corporation
Extensity, Inc.
iCompression, Inc. (acquired by GlobeSpan, Inc.)
Integrated Device Technology, Inc.
Linear Technology Corporation
LSI Logic Corporation
Nellcor Incorporated
NetGravity, Inc. (acquired by DoubleClick, Inc.)
Net Perceptions, Inc.
New Focus, Inc.
Oracle Corporation
Packeteer, Inc.
Ramp Networks, Inc.
SiTera, Inc. (acquired by Vitesse Semiconductor Corp.)
Transmedia Communications, Inc. (acquired by Cisco Systems, Inc.)
3Com Corporation |