Venture capital (VC) firms CMEA Capital and Sierra Ventures made up $5m in the C round with the other $5m from Zarlink Semiconductor.
Zarlink Semiconductor, a Toronto-listed chip maker, has invested half of the $10m series C round for Multigig, a fabless semiconductor company that provides advanced clock generation and timing products for the wired and wireless communications markets.
Venture capital (VC) firms CMEA Capital and Sierra Ventures made up the other $5m in the C round.
Multigig’s RotaryWave technology delivers clocks with extremely low jitter for high-speed communication applications and Kirk Mandy, executive president of Zarlink, said: "There is growing demand…
