The Motorola-backed semiconductor technology producer has now raised $70m altogether, and could hypothetically look to go public in the next two years.
ColorChip, an Israel-based optical communication technology provider backed by communication technology manufacturer Motorola, has raised $25m in series E funding, Geektime reported yesterday.
Investment firm Israel Growth Partners led the round, which also included Gemini Israel Ventures, BRM Capital and, according to a subsequent press release, Vintage Investment Partners.
Founded in 2011, ColorChip’s SystemOnGlass chips help boost the high-speed networking and communications capabilities of data centres.
ColorChip has reportedly now raised a total of $70m in debt and equity, including…
