SiGe Semiconductor Completes $19.5 Million Expansion Round; Investors attracted by extraordinary sales growth, market penetration and customer traction.

0 Comments | M2 Presswire, August, 2006

M2 PRESSWIRE-30 August 2006-SiGe Semiconductor: SiGe Semiconductor Completes $19.5 Million Expansion Round; Investors attracted by extraordinary sales growth, market penetration and customer traction(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:30082006 Methuen, Massachusetts and Ottawa, Ontario - SiGe Semiconductor, a leading supplier of RF front-end solutions for wireless systems, today announced it has raised US $19.5 million in an expansion round of financing.

The investment will fund new product development from conception to launch, as well as the growth of operations in support of the company's expanding global customer base. TD Capital, Prism Venture Partners, VenGrowth Private Equity Partners and 3i Technology Partners led the round, joined by previous...