Battery Ventures and Flybridge Capital Partners have led a $55m investment for Calxeda, a developer of low-power server chips with ARM processors, backed by the UK-based company.
Semiconductor startup Calxeda, backed by UK-based microprocessor company Arm Holdings, has raised $55m in funding led by existing investors Battery Ventures, a venture capital firm which typically invest in technology-driven companies, Flybridge Capital Partners, an early-stage venture capital firm and Advance Technology Investment company.
New investors include venture firm Austin Ventures and private investment firm Vulcan Capital also took part. The company has also previously been backed by Highland Capital Partners and Vulcan Capital. News provider TechCrunch added the company has also previously been…
