Mobile Chipmaker Bitwave Raises $3.3 Million

Authored by Mark Hefflinger on July 10, 2009 - 9:01am.

Lowell, Mass. - Bitwave Semiconductor, a privately held chipmaker, has raised about $3.3 million in convertible debt, according to a filing by the company with the Securities and Exchange Commission.

BitWave develops semiconductors for mobile devices that can operate on multiple frequencies and communication protocols. Its products are designed for use in micro-infrastructure, laptops, PDAs, multimedia players and portable consumer electronic devices.

Founded in 2004, Bitwave's investors include TVM Capital, Apex Venture Partners, and ECentury Capital.

Related Links:
http://snipurl.com/mir31

http://www.bitwavesemiconductor.com