In 2004, chip makers Intel and Infineon's corporate venturing fund participated in BridgeCo's $16m series C financing round, with Intel Capital having previously invested in its B round.
SMSC, a Nasdaq-listed semiconductor company, has acquired US-based BridgeCo, which makes networked audio technologies, for $40m in cash and up to $27.5m in performance fees.
In 2004, chip makers Intel and Infineon’s corporate venturing fund participated in BridgeCo’s $16m series C financing round, with Intel Capital having previously invested in its B round. Alongside Intel and Infineon Ventures in the C round were mutual fund manager Fidelity’s Ventures unit and venture capital firms Benchmark Capital and Earlybird.
Earlybird invested…
