ClariPhy Communications, a US-based chip maker, has raised $14m in its fourth round of funding from a consortium led by phone infrastructure supplier Nokia Siemens Networks (NSN).

ClariPhy Communications, a US-based chip maker, has raised $14m in its fourth round of funding from a consortium led by phone infrastructure supplier Nokia Siemens Networks (NSN).

ClariPhy provides integrated circuits to help networks transport information and NSN said its undisclosed amount invested would help a new chip as data traffic is increasing by 60% per year.

NSN said by 2015 data traffic across mobile networks alone would exceed 43 Exabytes, equivalent to 6.3 billion people downloading two digital…